Park Street AS (OCSE:PARKST A) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

View and export this data going back to 1993. Start your Free Trial

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

Park Street AS's long-term debt to total assets ratio declined from Dec. 2023 (0.49) to Dec. 2024 (0.27). It may suggest that Park Street AS is progressively becoming less dependent on debt to grow their business.

Park Street AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Park Street 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.

* Premium members only.

Park Street AS LT-Debt-to-Total-Asset Chart

Park Street AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.50

0.49

0.27

Park Street AS Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.49	0.48	0.49	0.50	0.27

Park Street AS LT-Debt-to-Total-Asset Calculation

Park Street 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 )
	=	682.293	/	2500.001
	=	0.27

Park Street 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 )
	=	682.293	/	2500.001
	=	0.27

Park Street AS (OCSE:PARKST A) 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.

Park Street AS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Park Street AS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Park Street AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Park Street AS (OCSE:PARKST A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amaliegade 6, 2. Tv, Kobenhavn, DNK, 1256

Website

https://www.psnas.com

Park Street AS is a real estate investment and asset management company. The Company manages the real estate portfolio mainly in the office, retail, hotel, and residential. The company generates the majority of its revenue from rental income. The Group's investment properties are geographically concentrated in Greater Copenhagen and Zealand.

Park Street AS Headlines

No Headlines