EQT AB (LTS:0AAZ) LT-Debt-to-Total-Asset : 0.20 (As of Jun. 2024)

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What is EQT 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. EQT AB's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.20.

EQT AB's long-term debt to total assets ratio declined from Jun. 2023 (0.23) to Jun. 2024 (0.20). It may suggest that EQT AB is progressively becoming less dependent on debt to grow their business.

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

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

EQT AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.15

0.22

0.23

EQT AB Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.35	0.22	0.23	0.23	0.20

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

EQT 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 )
	=	23626.038	/	103004.425
	=	0.23

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	24518.583	/	122547.763
	=	0.20

EQT AB (LTS:0AAZ) 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.

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

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EQT AB Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

EQBBF:USA EQT:Sweden EQTs:UK 6EQ:Germany

Address

Regeringsgatan 25, Stockholm, SWE, SE-111 53

Website

https://www.eqtgroup.com

Swedish conglomerate Investor AB set up EQT as its private equity division in 1994. In its early days, EQT focused primarily on private equity investments in Sweden and the rest of Scandinavia. Today, EQT is one of the largest global private-market investors, with funds that target private equity, real estate, and infrastructure globally. Investor AB retains a minority stake.

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