Adevinta ASA (OSL:ADE) LT-Debt-to-Total-Asset : 0.16 (As of Sep. 2023)

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What is Adevinta ASA 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. Adevinta ASA's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.16.

Adevinta ASA's long-term debt to total assets ratio declined from Sep. 2022 (0.16) to Sep. 2023 (0.16). It may suggest that Adevinta ASA is progressively becoming less dependent on debt to grow their business.

Adevinta ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Adevinta ASA'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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Adevinta ASA LT-Debt-to-Total-Asset Chart

Adevinta ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.21

0.12

0.41

0.17

0.19

Adevinta ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.19	0.18	0.17	0.16

Adevinta ASA LT-Debt-to-Total-Asset Calculation

Adevinta ASA'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 )
	=	23454.771	/	125427.032
	=	0.19

Adevinta ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	21460.846	/	135724.112
	=	0.16

Adevinta ASA (OSL:ADE) 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.

Adevinta ASA LT-Debt-to-Total-Asset Related Terms

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Adevinta ASA (OSL:ADE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Adevinta ASA (OSL:ADE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ADEVY:USA ADEVF:USA ADEO:Sweden ADEo:UK AD5B:Germany

Address

Grensen 5, P.O. Box 490, Sentrum, Oslo, NOR, NO-0105

Website

https://www.adevinta.com

Adevinta ASA is a Global online classifieds company with generalist, real estate, cars, jobs, and other internet marketplaces. It focuses on connecting buyers seeking goods or services with a large base of sellers. The company's local brands include leboncoin in France, InfoJobs and Fotocasa in Spain, OLX in Brazil, Subito in Italy, and Jofogas in Hungary, among many others. Its geographical segment includes France; Spain; Brazil; Global Markets and others. The company derives a majority of revenue from France.

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