YIT Oyj (OHEL:YIT) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

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What is YIT 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. YIT Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

YIT Oyj's long-term debt to total assets ratio increased from Dec. 2023 (0.20) to Dec. 2024 (0.27). It may suggest that YIT Oyj is progressively becoming more dependent on debt to grow their business.

YIT Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for YIT 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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YIT Oyj LT-Debt-to-Total-Asset Chart

YIT Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.19

0.18

0.20

0.27

YIT Oyj 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															0.20	0.24	0.27	0.28	0.27

YIT Oyj LT-Debt-to-Total-Asset Calculation

YIT 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 )
	=	661	/	2475
	=	0.27

YIT 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 )
	=	661	/	2475
	=	0.27

YIT Oyj (OHEL:YIT) 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.

YIT Oyj LT-Debt-to-Total-Asset Related Terms

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YIT Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » YIT Oyj (OHEL:YIT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0GKA:UK

Address

Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620

Website

https://www.yitgroup.com

YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: Residential Finland, Residential CEE, Building Construction, and Infrastructure. Geographically it operates in Finland, CEE and Scandinavia and Sweden.

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