Hoegh Autoliners ASA (FRA:V02) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is Hoegh Autoliners ASA LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Hoegh Autoliners ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Hoegh Autoliners ASA's long-term debt to total assets ratio increased from Dec. 2023 (0.18) to Dec. 2024 (0.34). It may suggest that Hoegh Autoliners ASA is progressively becoming more dependent on debt to grow their business.

Hoegh Autoliners ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hoegh Autoliners ASA's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hoegh Autoliners ASA LT-Debt-to-Total-Asset Chart

Hoegh Autoliners ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.14

0.34

0.21

0.18

0.34

Hoegh Autoliners ASA Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.21	0.23	0.26	0.34

Hoegh Autoliners ASA LT-Debt-to-Total-Asset Calculation

Hoegh Autoliners ASA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	683.955	/	2010.704
	=	0.34

Hoegh Autoliners ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	683.955	/	2010.704
	=	0.34

Hoegh Autoliners ASA (FRA:V02) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Hoegh Autoliners ASA LT-Debt-to-Total-Asset Related Terms

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Hoegh Autoliners ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hoegh Autoliners ASA (FRA:V02) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HOEGF:USA HAUTOo:Sweden HAUTO:Norway HAUTOo:UK

Address

Drammensveien 134, Oslo, NOR, N-0277

Website

https://www.hoeghautoliners.com

Hoegh Autoliners ASA is a provider of transportation services within the Roll-on Roll-off (RoRo) segment. The company's fleet of Pure Car and Truck Carriers sailing in trade systems combined with its local presence enable the company to cater for the specific needs of its customer. It offers deep sea transportation of RoRo cargo such as cars, high and heavy machinery and breakbulk. The Group has two operating segments, Shipping services and Logistics services.

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