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Skogsfond Baltikum AB (publ) (NGM:SKOGA) LT-Debt-to-Total-Asset : 0.26 (As of Jun. 2024)


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What is Skogsfond Baltikum AB (publ) 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. Skogsfond Baltikum AB (publ)'s long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.26.

Skogsfond Baltikum AB (publ)'s long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.26). It may suggest that Skogsfond Baltikum AB (publ) is progressively becoming more dependent on debt to grow their business.


Skogsfond Baltikum AB (publ) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Skogsfond Baltikum AB (publ)'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.

Skogsfond Baltikum AB (publ) LT-Debt-to-Total-Asset Chart

Skogsfond Baltikum AB (publ) Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.22 0.31 0.26 0.25

Skogsfond Baltikum AB (publ) Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.31 0.26 - 0.25 0.26

Skogsfond Baltikum AB (publ) LT-Debt-to-Total-Asset Calculation

Skogsfond Baltikum AB (publ)'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 )
=117.297/473.337
=0.25

Skogsfond Baltikum AB (publ)'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 )
=127.458/492.347
=0.26

* 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.


Skogsfond Baltikum AB (publ)  (NGM:SKOGA) 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.


Skogsfond Baltikum AB (publ) LT-Debt-to-Total-Asset Related Terms

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Skogsfond Baltikum AB (publ) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 3, Stockholm, SWE, 111 43
Skogsfond Baltikum AB (publ) is a Swedish alternative investment fund. It is focused on investments in forest assets in the three Baltic countries Estonia, Latvia, and Lithuania.

Skogsfond Baltikum AB (publ) Headlines

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