Lehto Group Oyj (LTS:0RFZ) LT-Debt-to-Total-Asset : 0.52 (As of Dec. 2023)

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What is Lehto Group Oyj 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. Lehto Group Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.52.

Lehto Group Oyj's long-term debt to total assets ratio increased from Dec. 2022 (0.30) to Dec. 2023 (0.52). It may suggest that Lehto Group Oyj is progressively becoming more dependent on debt to grow their business.

Lehto Group Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lehto Group Oyj'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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Lehto Group Oyj LT-Debt-to-Total-Asset Chart

Lehto Group Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.26

0.30

0.52

Lehto Group Oyj Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.24	0.30	0.31	0.52

Lehto Group Oyj LT-Debt-to-Total-Asset Calculation

Lehto Group Oyj'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 )
	=	53.585	/	103.729
	=	0.52

Lehto Group Oyj's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	53.585	/	103.729
	=	0.52

Lehto Group Oyj (LTS:0RFZ) 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.

Lehto Group Oyj LT-Debt-to-Total-Asset Related Terms

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Lehto Group Oyj (LTS:0RFZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lehto Group Oyj (LTS:0RFZ) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

LEHTO:Finland L7G:Germany

Address

Voimatie 6 B, Kempele, FIN, 90440

Website

https://www.lehto.fi

Lehto Group Oyj is a Finnish construction and real estate group. The operating business segment of the company is Building Services. It is also engaged in Housing, Business Premises, and Social Care and Educational Premises. The firm offers services such as schools, health centers, property development, multi-story buildings, care homes, and plumbing renovations among others. Geographically, it operates in Finland.

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