Alandsbanken ABP (OHEL:ALBAV) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Alandsbanken ABP 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. Alandsbanken ABP's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Alandsbanken ABP's long-term debt to total assets ratio increased from Dec. 2023 (0.06) to Dec. 2024 (0.06). It may suggest that Alandsbanken ABP is progressively becoming more dependent on debt to grow their business.

Alandsbanken ABP LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alandsbanken ABP'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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Alandsbanken ABP LT-Debt-to-Total-Asset Chart

Alandsbanken ABP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.10

0.09

0.04

0.06

Alandsbanken ABP Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.17	0.17	0.18	0.06

Alandsbanken ABP LT-Debt-to-Total-Asset Calculation

Alandsbanken ABP'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 )
	=	304.204	/	4924.829
	=	0.06

Alandsbanken ABP'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 )
	=	304.204	/	4924.829
	=	0.06

Alandsbanken ABP (OHEL:ALBAV) 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.

Alandsbanken ABP LT-Debt-to-Total-Asset Related Terms

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Alandsbanken ABP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alandsbanken ABP (OHEL:ALBAV) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0O2M:UK 0O2N:UK ALBBV:Finland

Address

Nygatan 2, Aland, Mariehamn, FIN, AX-22100

Website

https://www.alandsbanken.fi

Alandsbanken ABP is a private banking operator based in Finland. The services offered by the company include Accounts, Insurance, Loans, Digital services, Basic banking services, and Invest and Save among others. The reportable segments of the company are Private Banking, Premium Banking, IT, Corporate and others. The Private Banking segment generates the majority of its revenue followed by Premium banking. Geographically, the company operates in Finland and Sweden in which Finland generates key revenue.

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