Relesys AS (OCSE:RELE) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)

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What is Relesys 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. Relesys AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Relesys AS's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Dec. 2023 (0.10). It may suggest that Relesys AS is progressively becoming more dependent on debt to grow their business.

Relesys AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Relesys 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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Relesys AS LT-Debt-to-Total-Asset Chart

Relesys AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.11

0.09

0.02

0.09

0.10

Relesys AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	0.09	0.11	0.10	0.10

Relesys AS LT-Debt-to-Total-Asset Calculation

Relesys 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 )
	=	4.53	/	45.858
	=	0.10

Relesys AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4.53	/	45.858
	=	0.10

Relesys AS (OCSE:RELE) 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.

Relesys AS LT-Debt-to-Total-Asset Related Terms

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Relesys AS (OCSE:RELE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Relesys AS (OCSE:RELE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NA0:Germany

Address

Orient Plads 1, 1 Floor, Nordhavn, DNK, 2150

Website

https://www.relesys.net

Relesys AS is a software company delivering customized communication and performance Platforms. Its software engages and develops employee's personal growth and aspires them to achieve more. The app makes it possible to make data-driven decisions and implement strategies to increase the overall productivity of any company.

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