VEF AS (ORSE:VEF1R) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2023)

View and export this data going back to 2001. Start your Free Trial

What is VEF AS 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. VEF AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.00.

VEF AS's long-term debt to total assets ratio declined from Mar. 2022 (0.32) to Mar. 2023 (0.00). It may suggest that VEF AS is progressively becoming less dependent on debt to grow their business.

VEF AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for VEF AS'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.

VEF AS LT-Debt-to-Total-Asset Chart

VEF AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.39

0.36

0.35

0.33

0.01

VEF AS Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.32	0.30	0.01	-

VEF AS LT-Debt-to-Total-Asset Calculation

VEF AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.047	/	6.312
	=	0.01

VEF AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	0	/	6.303
	=	0.00

VEF AS (ORSE:VEF1R) 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.

VEF AS LT-Debt-to-Total-Asset Related Terms

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

VEF AS (ORSE:VEF1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » VEF AS (ORSE:VEF1R) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brivibas Street 214, Riga, LVA, LV-1039

Website

http://www.vef.lv

VEF AS focuses on doing business by managing its own real estate property, renting business spaces, and also electricity distribution services for businesses located in the VEF territory.

VEF AS (ORSE:VEF1R) Headlines

No Headlines