Garpco AB (NGM:GARPCO B) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2025)

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What is Garpco 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. Garpco AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.15.

Garpco AB's long-term debt to total assets ratio increased from Mar. 2024 (0.00) to Mar. 2025 (0.15). It may suggest that Garpco AB is progressively becoming more dependent on debt to grow their business.

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

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

Garpco AB Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.17

0.19

0.17

0.15

Garpco AB Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	0.17	0.16	0.15	0.15

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

Garpco 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 )
	=	65.881	/	429.851
	=	0.15

Garpco AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	64.541	/	430.075
	=	0.15

Garpco AB (NGM:GARPCO B) 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.

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Garpco AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Garpco AB (NGM:GARPCO B) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huskvarnavagen 80, 3 tr, Jonkoping, SWE, 554 54

Website

Garpco AB is a company that operates through its subsidiaries whose business concept consists of acquiring and long-term development of small and medium-sized industrial and trading companies. Through a combination of company acquisitions and organic growth in the subsidiaries, they create a profitable company group of such a size that the individual subsidiaries' needs for both competent employees and growth capital are secured, while at the same time, it gives the shareholders a good return on invested capital.

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