Dataproces Group A/S (OCSE:DATA) LT-Debt-to-Total-Asset : 0.07 (As of Jan. 2024)

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What is Dataproces Group A/S 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. Dataproces Group A/S's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.07.

Dataproces Group A/S's long-term debt to total assets ratio declined from Jan. 2023 (0.09) to Jan. 2024 (0.07). It may suggest that Dataproces Group A/S is progressively becoming less dependent on debt to grow their business.

Dataproces Group A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dataproces Group A/S'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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Dataproces Group A/S LT-Debt-to-Total-Asset Chart

Dataproces Group A/S Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

0.15

0.08

0.09

0.08

Dataproces Group A/S Quarterly Data
	Apr19	Apr20	Oct20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.09	0.08	0.09	0.08	0.07

Dataproces Group A/S LT-Debt-to-Total-Asset Calculation

Dataproces Group A/S's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	3.248	/	38.964
	=	0.08

Dataproces Group A/S's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	3.096	/	43.575
	=	0.07

Dataproces Group A/S (OCSE:DATA) 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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Dataproces Group A/S (OCSE:DATA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dataproces Group A/S (OCSE:DATA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Skalhuse 5, Nibe, DNK, 9240

Website

https://www.dataproces.dk

Dataproces Group A/S is an interdisciplinary knowledge company specializing in IT and consulting services all developed for, and in close collaboration with, the country's municipalities. The company's services include Revenue optimization; Automation and RPA; and Knowledge and competencies.