Dovre Group Oyj (OHEL:DOV1V) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Dovre Group Oyj 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. Dovre Group Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Dovre Group Oyj's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.02). It may suggest that Dovre Group Oyj is progressively becoming less dependent on debt to grow their business.

Dovre Group Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dovre Group Oyj'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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Dovre Group Oyj LT-Debt-to-Total-Asset Chart

Dovre Group Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.03

0.02

0.04

0.02

Dovre Group Oyj Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.04	0.04	0.02

Dovre Group Oyj LT-Debt-to-Total-Asset Calculation

Dovre Group Oyj'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 )
	=	1.772	/	91.999
	=	0.02

Dovre Group Oyj'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 )
	=	1.772	/	91.999
	=	0.02

Dovre Group Oyj (OHEL:DOV1V) 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.

Dovre Group Oyj LT-Debt-to-Total-Asset Related Terms

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Dovre Group Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dovre Group Oyj (OHEL:DOV1V) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0JCD:UK

Address

Ahventie 4 B, Espoo, FIN, 02170

Website

https://www.dovregroup.com

Dovre Group Oyj is a company engaged in providing project management services. The group has three business areas: Project Personnel, Renewable Energy, and Consulting. Project personnel business provides project professionals for large investment projects, mainly in the oil and gas industry. Its Consulting business provides advisory services for the effective development and execution of large projects in the Nordic countries. The Renewable Energy business area offers project management, planning, and construction mainly for wind farm projects in the Nordic and Baltic countries. The company generates maximum revenue from the Project personnel segment. Geographically, it derives a majority of its revenue from the Norway.

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