Tokmanni Group (OHEL:TOKMAN) LT-Debt-to-Total-Asset : 0.51 (As of Dec. 2024)

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What is Tokmanni Group 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. Tokmanni Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.51.

Tokmanni Group's long-term debt to total assets ratio declined from Dec. 2023 (0.52) to Dec. 2024 (0.51). It may suggest that Tokmanni Group is progressively becoming less dependent on debt to grow their business.

Tokmanni Group LT-Debt-to-Total-Asset Historical Data

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

Tokmanni Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.33

0.42

0.41

0.52

0.51

Tokmanni Group Quarterly Data
	Jun19	Dec19	Jun20	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															0.52	-	0.52	-	0.51

Tokmanni Group LT-Debt-to-Total-Asset Calculation

Tokmanni Group'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 )
	=	702.5	/	1376.3
	=	0.51

Tokmanni Group'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 )
	=	702.5	/	1376.3
	=	0.51

Tokmanni Group (OHEL:TOKMAN) 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.

Tokmanni Group LT-Debt-to-Total-Asset Related Terms

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Tokmanni Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tokmanni Group Corp (OHEL:TOKMAN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

TOKMAh:UK 0RG2:UK TK9:Germany

Address

Isolammintie 1, Mantsala, FIN, 04600

Website

https://www.tokmanni.fi

Tokmanni Group Corp is a general discount retailer in Finland with stores across the country, as well as an online store. The company offers its customers an extensive and attractive product selection, low prices, pleasant and inspiring shopping experience in all of its sales channels. It has a wide range of low-priced products for home renovation and cleaning, dressing, and leisure, as well as interior decoration and gardening. Its product selection consists of international brands, the company's private label products, and non-branded products. It has a portfolio of Tokmanni, DollarStore, Bigdollar, Miny, Click Shoes, and Shoe House stores and online stores.

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