Brodrene A & O Johansen AS (LTS:0RNT) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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

What is Brodrene A & O Johansen AS 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. Brodrene A & O Johansen AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Brodrene A & O Johansen AS's long-term debt to total assets ratio increased from Dec. 2023 (0.14) to Dec. 2024 (0.20). It may suggest that Brodrene A & O Johansen AS is progressively becoming more dependent on debt to grow their business.

Brodrene A & O Johansen AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brodrene A & O Johansen AS'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.

Brodrene A & O Johansen AS LT-Debt-to-Total-Asset Chart

Brodrene A & O Johansen AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.09

0.14

0.20

Brodrene A & O Johansen AS 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															0.14	0.14	0.14	0.22	0.20

Brodrene A & O Johansen AS LT-Debt-to-Total-Asset Calculation

Brodrene A & O Johansen AS'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 )
	=	737.3	/	3787.4
	=	0.19

Brodrene A & O Johansen AS'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 )
	=	737.3	/	3787.4
	=	0.19

Brodrene A & O Johansen AS (LTS:0RNT) 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.

Brodrene A & O Johansen AS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Brodrene A & O Johansen AS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Brodrene A & O Johansen AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Brodrene A & O Johansen AS (LTS:0RNT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AOJ B:Denmark XH0:Germany

Address

Rorvang 3, Albertslund, DNK, 2620

Website

http://www.ao.dk

Brodrene A & O Johansen AS is a distributor of industrial products in Denmark. It provides technical installation materials and supplies to the construction industry in Denmark. Its products include heating plumbing and sanitary ware products, electrical equipment and components, water supply and drainage products. Its clients comprise of plumbers, electricians, building contractors, sewer contractors, construction companies, municipalities, utilities and public institutions. The company follows three sales channels, which are AO Stores, which cater to the local market; Online trading, which offers products through its website and mobile application and competency centers where customers may place orders and get advice and direction as well as offers over the phone.

Brodrene A & O Johansen AS Headlines

No Headlines