The Kingfish Co NV (OSL:KING) LT-Debt-to-Total-Asset : 0.65 (As of Dec. 2024)

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What is The Kingfish Co NV 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. The Kingfish Co NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.65.

The Kingfish Co NV's long-term debt to total assets ratio increased from Dec. 2023 (0.52) to Dec. 2024 (0.65). It may suggest that The Kingfish Co NV is progressively becoming more dependent on debt to grow their business.

The Kingfish Co NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Kingfish Co NV'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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The Kingfish Co NV LT-Debt-to-Total-Asset Chart

The Kingfish Co NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.11

0.37

0.52

0.65

The Kingfish Co NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.37	0.36	0.52	0.59	0.65

The Kingfish Co NV LT-Debt-to-Total-Asset Calculation

The Kingfish Co NV'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 )
	=	1290.875	/	1975.672
	=	0.65

The Kingfish Co NV'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 )
	=	1290.875	/	1975.672
	=	0.65

The Kingfish Co NV (OSL:KING) 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.

The Kingfish Co NV LT-Debt-to-Total-Asset Related Terms

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The Kingfish Co NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kingfish Co NV (OSL:KING) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oost Zeedijk 13, Kats, NLD, 4485 PM

Website

https://www.the-kingfish-company.com

The Kingfish Co NV is involved in seafood production, utilizing land-based recirculating aquaculture system technology. It produces Yellowtail Kingfish which is their main source of revenue, a versatile seafood species with an active vertically integrated operation in the Netherlands. The company engages in the production and supply of sustainable, safe, and high-quality seafood in its target markets. Its geographic markets are Geographical markets in Western Europe, Southern Europe, and the Rest of the World.