Goodtech ASA (OSL:GOD) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Goodtech 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. Goodtech ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Goodtech ASA's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.06). It may suggest that Goodtech ASA is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Goodtech 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.

* Premium members only.

Goodtech ASA LT-Debt-to-Total-Asset Chart

Goodtech ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.08

0.07

0.06

Goodtech ASA 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															0.07	0.06	0.06	0.06	0.06

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

Goodtech ASA'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 )
	=	29.4	/	537.2
	=	0.05

Goodtech ASA'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 )
	=	29.4	/	537.2
	=	0.05

Goodtech ASA (OSL:GOD) 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.

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

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

Goodtech ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Goodtech ASA (OSL:GOD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0ELH:UK

Address

Innspurten 15, Oslo, NOR, 0663

Website

http://www.goodtech.no

Goodtech ASA provides technical solutions in the field of electric, power technology and infrastructure. It also supplies automation products and streamlining solutions worldwide.

Goodtech ASA Headlines

No Headlines