Silkeborg IF Invest AS (OCSE:SIF) LT-Debt-to-Total-Asset : 0.41 (As of Jun. 2024)

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What is Silkeborg IF Invest 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. Silkeborg IF Invest AS's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.41.

Silkeborg IF Invest AS's long-term debt to total assets ratio declined from Jun. 2023 (0.43) to Jun. 2024 (0.41). It may suggest that Silkeborg IF Invest AS is progressively becoming less dependent on debt to grow their business.

Silkeborg IF Invest AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Silkeborg IF Invest 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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Silkeborg IF Invest AS LT-Debt-to-Total-Asset Chart

Silkeborg IF Invest AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.48

0.47

0.46

0.44

0.42

Silkeborg IF Invest AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.48	0.44	0.43	0.42	0.41

Silkeborg IF Invest AS LT-Debt-to-Total-Asset Calculation

Silkeborg IF Invest 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 )
	=	305.422	/	731.428
	=	0.42

Silkeborg IF Invest AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	316.437	/	767.402
	=	0.41

Silkeborg IF Invest AS (OCSE:SIF) 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.

Silkeborg IF Invest AS LT-Debt-to-Total-Asset Related Terms

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Silkeborg IF Invest AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Silkeborg IF Invest AS (OCSE:SIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ansvej 104, Silkeborg, DNK, 8600

Website

http://www.silkeborgif.com

Silkeborg IF Invest AS operates a football club under the name of Silkeborg IF in Denmark. The Company generate profits from ticket sales to games, sponsor agreements, product promotions, and media rights for events, as well as through buying and selling player contracts.