Agat Ejendomme AS (OCSE:AGAT) LT-Debt-to-Total-Asset : 0.58 (As of Oct. 2024)

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What is Agat Ejendomme 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. Agat Ejendomme AS's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.58.

Agat Ejendomme AS's long-term debt to total assets ratio increased from Oct. 2023 (0.42) to Oct. 2024 (0.58). It may suggest that Agat Ejendomme AS is progressively becoming more dependent on debt to grow their business.

Agat Ejendomme AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Agat Ejendomme 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.

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Agat Ejendomme AS LT-Debt-to-Total-Asset Chart

Agat Ejendomme AS Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.01

0.32

0.33

0.40

0.48

Agat Ejendomme AS Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.48	0.47	0.58	0.58

Agat Ejendomme AS LT-Debt-to-Total-Asset Calculation

Agat Ejendomme AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	415.7	/	868.1
	=	0.48

Agat Ejendomme AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	450.6	/	781.1
	=	0.58

Agat Ejendomme AS (OCSE:AGAT) 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.

Agat Ejendomme AS LT-Debt-to-Total-Asset Related Terms

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Agat Ejendomme AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agat Ejendomme AS (OCSE:AGAT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000

Website

https://www.agat.dk

Agat Ejendomme AS develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.

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