Attendo AB (LTS:0RCY) LT-Debt-to-Total-Asset : 0.60 (As of Jun. 2024)

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What is Attendo 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. Attendo AB's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.60.

Attendo AB's long-term debt to total assets ratio declined from Jun. 2023 (0.61) to Jun. 2024 (0.60). It may suggest that Attendo AB is progressively becoming less dependent on debt to grow their business.

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

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

Attendo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.57

0.60

0.61

0.58

Attendo AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.61	0.59	0.58	0.59	0.60

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

Attendo 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 )
	=	13367	/	22893
	=	0.58

Attendo 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 )
	=	15230	/	25223
	=	0.60

Attendo AB (LTS:0RCY) 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.

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

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Attendo AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Attendo AB (LTS:0RCY) » Definitions » LT-Debt-to-Total-Asset

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ATT:Sweden

Address

Vendevagen 85, Danderyd, SWE, 182 91

Website

https://www.attendo.com

Attendo AB is a company that is engaged in providing private care and healthcare services in the Nordics. It focuses on offering care for older people, care for people with disabilities, individual and family care, and health care. The company also offers health, medical, and as well as staffing services. Geographically, the group's majority revenue is generated from Finland.

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