Aspo (OHEL:ASPO) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2024)

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What is Aspo 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. Aspo's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.39.

Aspo's long-term debt to total assets ratio increased from Dec. 2023 (0.36) to Dec. 2024 (0.39). It may suggest that Aspo is progressively becoming more dependent on debt to grow their business.

Aspo LT-Debt-to-Total-Asset Historical Data

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

Aspo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.41

0.37

0.38

0.36

0.39

Aspo 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															0.36	0.26	0.29	0.29	0.39

Aspo LT-Debt-to-Total-Asset Calculation

Aspo'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 )
	=	201.149	/	511.963
	=	0.39

Aspo'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 )
	=	201.149	/	511.963
	=	0.39

Aspo (OHEL:ASPO) 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.

Aspo LT-Debt-to-Total-Asset Related Terms

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Aspo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aspo PLC (OHEL:ASPO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0J8S:UK ZYD:Germany

Address

Lintulahdenkuja 10, P.O. Box 91, Helsinki, FIN, FI-00501

Website

https://www.aspo.com

Aspo PLC acquires and supplies plastic raw materials and chemicals to the industry. The company operates through three segments. ESL Shipping segment provides marine raw material transportation and related services to the energy and heavy industry sectors. Leipurin segment's business operations are divided into three areas: the bakery business, the machinery business, and the food service business. Telko segment supplies plastic raw materials, industrial chemicals, and lubricants. Its geographical segments are Finland, Scandinavia, Baltic countries, Russia, other CIS countries and Ukraine, and Other countries.

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