Clas Ohlson AB (LTS:0GQE) LT-Debt-to-Total-Asset : 0.21 (As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Clas Ohlson 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. Clas Ohlson AB's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.21.

Clas Ohlson AB's long-term debt to total assets ratio declined from Jan. 2023 (0.23) to Jan. 2024 (0.21). It may suggest that Clas Ohlson AB is progressively becoming less dependent on debt to grow their business.

Clas Ohlson AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Clas Ohlson 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.

* Premium members only.

Clas Ohlson AB LT-Debt-to-Total-Asset Chart

Clas Ohlson AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.25

0.21

0.22

Clas Ohlson AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.22	0.24	0.23	0.21

Clas Ohlson AB LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	1111.2	/	5109.7
	=	0.22

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

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	1278.5	/	6023.8
	=	0.21

Clas Ohlson AB (LTS:0GQE) 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.

Clas Ohlson AB LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Clas Ohlson AB's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Clas Ohlson AB (LTS:0GQE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Clas Ohlson AB (LTS:0GQE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CLAS B:Sweden CLASBs:UK OHCB:Germany

Address

Municipality of Leksand, Insjon, SWE, 793 85

Website

https://www.clasohlson.se

Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB (LTS:0GQE) Headlines

No Headlines