Mandatum (OHEL:MANTA) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Mandatum 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. Mandatum's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Mandatum's long-term debt to total assets ratio increased from . 20 (0.00) to Mar. 2024 (0.02). It may suggest that Mandatum is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Mandatum'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.

* Premium members only.

Mandatum LT-Debt-to-Total-Asset Chart

Mandatum Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

0.02

Mandatum Quarterly Data
	Dec22	Mar23	Dec23	Mar24
LT-Debt-to-Total-Asset	0.03	-	0.02	0.02

Mandatum LT-Debt-to-Total-Asset Calculation

Mandatum'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 )
	=	272.8	/	16342.6
	=	0.02

Mandatum's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	249.9	/	16921.2
	=	0.01

Mandatum (OHEL:MANTA) 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.

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

Thank you for viewing the detailed overview of Mandatum's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Mandatum (OHEL:MANTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mandatum PLC (OHEL:MANTA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MANDF:USA 0MAN:UK N2S:Germany

Address

Bulevardi 56, Helsinki, FIN, 00120

Website

Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. Mandatum serves a network of 20,000 Finnish corporates through its highly skilled sales force and customer relationship personnel, which gives opportunity to cross sell products from its broad offering.

Mandatum (OHEL:MANTA) Headlines

No Headlines