Pexip Holding ASA (LTS:0A3H) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Pexip 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. Pexip Holding ASA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Pexip Holding ASA's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Pexip Holding ASA is progressively becoming less dependent on debt to grow their business.

Pexip Holding ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pexip 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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Pexip Holding ASA LT-Debt-to-Total-Asset Chart

Pexip Holding ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

0.03

0.02

Pexip Holding ASA 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															0.02	0.02	0.02	0.02	0.02

Pexip Holding ASA LT-Debt-to-Total-Asset Calculation

Pexip Holding ASA'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 )
	=	33.617	/	2021.059
	=	0.02

Pexip Holding ASA'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 )
	=	37.695	/	2140.008
	=	0.02

Pexip Holding ASA (LTS:0A3H) 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.

Pexip Holding ASA LT-Debt-to-Total-Asset Related Terms

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Pexip Holding ASA (LTS:0A3H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pexip Holding ASA (LTS:0A3H) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PXPHF:USA PEXIPo:Sweden PEXIP:Norway

Address

Lilleakerveien 2A, 8th Floor, Oslo, NOR, 0283

Website

https://www.pexip.com

Pexip Holding ASA is a technology company that provides video communication solutions and virtual meeting solutions for businesses and individuals. Geographically, it derives a majority of revenue from Europe, the Middle East, and Africa and also has a presence in the Americas and the Asia Pacific. It serves Government; Healthcare; Education and Finance industries.

Pexip Holding ASA (LTS:0A3H) Headlines

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