Glunz & Jensen Holding AS (OCSE:GJ) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

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What is Glunz & Jensen Holding 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. Glunz & Jensen Holding AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Glunz & Jensen Holding AS's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.27). It may suggest that Glunz & Jensen Holding AS is progressively becoming more dependent on debt to grow their business.

Glunz & Jensen Holding AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Glunz & Jensen Holding 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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Glunz & Jensen Holding AS LT-Debt-to-Total-Asset Chart

Glunz & Jensen Holding AS Annual Data

Trend

May14

May15

May16

May17

Mar19

Mar20

Mar21

Mar22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.30

0.26

0.27

Glunz & Jensen Holding AS Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.27	0.26	0.27	0.27

Glunz & Jensen Holding AS LT-Debt-to-Total-Asset Calculation

Glunz & Jensen Holding AS'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 )
	=	57.63	/	212.143
	=	0.27

Glunz & Jensen Holding AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	57.63	/	212.143
	=	0.27

Glunz & Jensen Holding AS (OCSE:GJ) 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.

Glunz & Jensen Holding AS LT-Debt-to-Total-Asset Related Terms

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Glunz & Jensen Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glunz & Jensen Holding AS (OCSE:GJ) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Selandia Park 1, Ringsted, DNK, DK-4100

Website

https://www.glunz-jensen.com

Glunz & Jensen Holding AS is a supplier of, plate-making equipment and solutions for the prepress industry. In addition to developing and producing processing equipment for Offset and Flexo printing technologies, It also offers customer support as well as a full range of spare parts, wear parts, and consumable products. Its diverse product portfolio includes inkjet imaging systems, exposure units, washout units (processors), dryers, light finishers, fully automatic plate-making (inline) systems, mounting tables, plate stackers & turners. It presents two reportable segments the prepress market and the property rental Selandia. It has a geographic presence in EMEA, the Americas, Asia, and the Pacific. It generates the majority of its revenue from EMEA.

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