Olav Thon Eiendomsselskap (OSL:OLT) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

View and export this data going back to 1983. Start your Free Trial

What is Olav Thon Eiendomsselskap 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. Olav Thon Eiendomsselskap's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Olav Thon Eiendomsselskap's long-term debt to total assets ratio declined from Sep. 2023 (0.30) to Sep. 2024 (0.27). It may suggest that Olav Thon Eiendomsselskap is progressively becoming less dependent on debt to grow their business.

Olav Thon Eiendomsselskap LT-Debt-to-Total-Asset Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap LT-Debt-to-Total-Asset Chart

Olav Thon Eiendomsselskap Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.28

0.26

0.28

0.33

Olav Thon Eiendomsselskap Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.33	0.29	0.30	0.27

Olav Thon Eiendomsselskap LT-Debt-to-Total-Asset Calculation

Olav Thon Eiendomsselskap's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	19674	/	60501
	=	0.33

Olav Thon Eiendomsselskap's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	16310	/	61106
	=	0.27

Olav Thon Eiendomsselskap (OSL:OLT) 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.

Olav Thon Eiendomsselskap LT-Debt-to-Total-Asset Related Terms

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

Olav Thon Eiendomsselskap Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Olav Thon Eiendomsselskap (OSL:OLT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0FHP:UK

Address

Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105

Website

https://www.olt.no

Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap Headlines

No Headlines