Royal UNIBREW A/S (OCSE:RBREW) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Royal UNIBREW 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. Royal UNIBREW A/S's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Royal UNIBREW A/S's long-term debt to total assets ratio increased from Mar. 2023 (0.27) to Mar. 2024 (0.30). It may suggest that Royal UNIBREW A/S is progressively becoming more dependent on debt to grow their business.

Royal UNIBREW A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for Royal UNIBREW 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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Royal UNIBREW A/S LT-Debt-to-Total-Asset Chart

Royal UNIBREW A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.26

0.28

0.26

0.31

Royal UNIBREW A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.28	0.34	0.31	0.30

Royal UNIBREW A/S LT-Debt-to-Total-Asset Calculation

Royal UNIBREW A/S'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 )
	=	5504	/	17778
	=	0.31

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	5437	/	18208
	=	0.30

Royal UNIBREW A/S (OCSE:RBREW) 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.

Royal UNIBREW A/S LT-Debt-to-Total-Asset Related Terms

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Royal UNIBREW A/S (OCSE:RBREW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Royal UNIBREW A/S (OCSE:RBREW) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

RBREWc:UK 0R6Z:UK 0R1:Germany

Address

Faxe Alle 1, Faxe, DNK, DK-4640

Website

https://www.royalunibrew.com

Royal UNIBREW A/S produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company operating segments are Northern Europe, Western Europe and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, and Italy, Finland, Latvia, Lithuania, and Estonia.

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