Holmen AB (Holmen AB) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Holmen 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. Holmen AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Holmen AB's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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

Holmen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.07

0.06

0.04

0.03

Holmen AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.03	-

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

Holmen 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 )
	=	200.827	/	7771.701
	=	0.03

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	15.176	/	7696.925
	=	0.00

Holmen AB (OTCPK:HLHLY) 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.

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

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Holmen AB (Holmen AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Holmen AB (OTCPK:HLHLY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HLMNY:USA HLMMF:USA HOLM B:Sweden HOLM A:Sweden HOLMBs:UK 0XS9:UK HL9C:Germany

Address

Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84

Website

https://www.holmen.com

Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (Holmen AB) Headlines

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