Byggmax Group AB (LTS:0MR4) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Byggmax Group 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. Byggmax Group AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Byggmax Group AB's long-term debt to total assets ratio increased from Dec. 2023 (0.22) to Dec. 2024 (0.24). It may suggest that Byggmax Group AB is progressively becoming more dependent on debt to grow their business.

Byggmax Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Byggmax Group 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.

Byggmax Group AB LT-Debt-to-Total-Asset Chart

Byggmax Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.16

0.20

0.22

0.24

Byggmax Group AB 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															0.22	0.22	0.22	0.23	0.24

Byggmax Group AB LT-Debt-to-Total-Asset Calculation

Byggmax Group AB'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 )
	=	1410	/	5906
	=	0.24

Byggmax Group AB'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 )
	=	1410	/	5906
	=	0.24

Byggmax Group AB (LTS:0MR4) 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.

Byggmax Group AB LT-Debt-to-Total-Asset Related Terms

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

Byggmax Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Byggmax Group AB (LTS:0MR4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BMAX:Sweden

Address

Box 30006, Stockholm, SWE, 10425

Website

https://www.byggmax.se

Byggmax Group AB is engaged in the discount retail of building supply materials. The business concept is to retail high-quality building supplies at the lowest possible price. The business activities are primarily conducted in Sweden, Norway, Denmark, and Finland. In addition to the Byggmax stores, there is a serviced office that manages purchasing, accounting, and finance as well as IT functions across the stores. The company offers timber, insulation products, doors, windows, sheets, boards, and paints. Geographically the company generates the majority of its revenue from Sweden.

Byggmax Group AB Headlines

No Headlines