LumenRadio AB (FRA:YV7) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is LumenRadio AB 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. LumenRadio AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

LumenRadio AB's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that LumenRadio AB is progressively becoming less dependent on debt to grow their business.

LumenRadio AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for LumenRadio AB'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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LumenRadio AB LT-Debt-to-Total-Asset Chart

LumenRadio AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.06

0.12

0.06

0.05

0.02

LumenRadio AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.02	0.02	0.02	0.02	0.01

LumenRadio AB LT-Debt-to-Total-Asset Calculation

LumenRadio AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.644	/	28.741
	=	0.02

LumenRadio AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.409	/	29.338
	=	0.01

LumenRadio AB (FRA:YV7) 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.

LumenRadio AB LT-Debt-to-Total-Asset Related Terms

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LumenRadio AB Business Description

Industry

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LUMEN:Sweden

Address

Johan Willins Gata 6, Gothenburg, SWE, SE-416 48

Website

https://www.lumenradio.com

LumenRadio AB provide ultra-reliable and ultra-low power device-to-device wireless connectivity for the most business-critical applications. The company's scalable solutions are based on patented wireless technology for lighting control, building automation and industrial communication.

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