Fast Ejendom Danmark AS (OCSE:FED) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2024)

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What is Fast Ejendom Danmark 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. Fast Ejendom Danmark AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.34.

Fast Ejendom Danmark AS's long-term debt to total assets ratio declined from Sep. 2023 (0.45) to Sep. 2024 (0.34). It may suggest that Fast Ejendom Danmark AS is progressively becoming less dependent on debt to grow their business.

Fast Ejendom Danmark AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fast Ejendom Danmark 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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Fast Ejendom Danmark AS LT-Debt-to-Total-Asset Chart

Fast Ejendom Danmark AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.56

0.51

0.46

0.33

Fast Ejendom Danmark AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.33	0.36	0.35	0.34

Fast Ejendom Danmark AS LT-Debt-to-Total-Asset Calculation

Fast Ejendom Danmark AS'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 )
	=	510.355	/	1542.38
	=	0.33

Fast Ejendom Danmark AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	545.454	/	1622.056
	=	0.34

Fast Ejendom Danmark AS (OCSE:FED) 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.

Fast Ejendom Danmark AS LT-Debt-to-Total-Asset Related Terms

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Fast Ejendom Danmark AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fast Ejendom Danmark AS (OCSE:FED) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Ringager 4A, Brondby, DNK, 2605

Website

https://www.fastejendom.dk

Fast Ejendom Danmark AS Is a real estate investment firm. It invests in commercial and residential properties and mixed buildings with residential and commercial. The main activities are investment, letting, development, operational optimization and administration of the portfolio.

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