LMGHF (LINK Mobility Group Holding ASA) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

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What is LINK Mobility Group Holding 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. LINK Mobility Group Holding ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

LINK Mobility Group Holding ASA's long-term debt to total assets ratio declined from Dec. 2023 (0.35) to Dec. 2024 (0.14). It may suggest that LINK Mobility Group Holding ASA is progressively becoming less dependent on debt to grow their business.

LINK Mobility Group Holding ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for LINK Mobility Group Holding 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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LINK Mobility Group Holding ASA LT-Debt-to-Total-Asset Chart

LINK Mobility Group Holding ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.27

0.36

0.35

0.14

LINK Mobility Group Holding ASA Quarterly Data
	Mar20	Jun20	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															0.35	0.36	0.36	0.37	0.14

LINK Mobility Group Holding ASA LT-Debt-to-Total-Asset Calculation

LINK Mobility Group Holding 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 )
	=	131.647	/	955.588
	=	0.14

LINK Mobility Group Holding 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 )
	=	131.647	/	955.588
	=	0.14

LINK Mobility Group Holding ASA (OTCPK:LMGHF) 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.

LINK Mobility Group Holding ASA LT-Debt-to-Total-Asset Related Terms

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LINK Mobility Group Holding ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LINK Mobility Group Holding ASA (OTCPK:LMGHF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LINKo:Sweden LINK:Norway 0A5Q:UK L1N:Germany

Address

Universitetsgata 2, Oslo, NOR, 0164

Website

https://www.linkmobility.com

LINK Mobility Group Holding ASA is a range of and scalable mobile services, creating valuable digital convergence between businesses and customers, platforms, and users. As a Communications Platform as a Service (CPaaS), it makes mobile interaction and modern conversation easy. Its products are SMS messaging, Viber Business Messaging, WhatsApp Business Solutions, MarketingPlatform, and others. Its solutions are Banking & Finance, Retail & eCommerce, Logistics, Advertising & Marketing, and others. It derives revenue from three main use cases notifications, mobile marketing, and customer service. its segments are Northern Europe, Central Europe, Western Europe, and Global messaging.