Elektroimportoren AS (OSL:ELIMP) LT-Debt-to-Total-Asset : 0.35 (As of Dec. 2024)

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What is Elektroimportoren 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. Elektroimportoren AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.35.

Elektroimportoren AS's long-term debt to total assets ratio declined from Dec. 2023 (0.41) to Dec. 2024 (0.35). It may suggest that Elektroimportoren AS is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Elektroimportoren 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.

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

Elektroimportoren AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.46

0.42

0.44

0.41

0.35

Elektroimportoren AS 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															0.41	0.40	0.38	0.37	0.35

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

Elektroimportoren AS'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 )
	=	548	/	1572
	=	0.35

Elektroimportoren AS'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 )
	=	548	/	1572
	=	0.35

Elektroimportoren AS (OSL:ELIMP) 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.

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

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Elektroimportoren AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Elektroimportoren AS (OSL:ELIMP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

9F9:Germany

Address

Nedre Kalbakkvei 88B, Oslo, NOR, 1081

Website

https://www.elektroimportoren.no

Elektroimportoren AS is engaged in the retail business of electrical equipment, lighting solutions, heating and ventilation solutions, electrical household appliances, power tools, hand tools, hardware, downlight cable, and other products. The company generates its sales through Stores, E-commerce, Order receipts, Freight, and others respectively. The company has a presence in the entire value chain of electrical equipment, from product development and manufacturing. Geographically it generates a majority of its revenue from Norway.

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