Recreate ASA (OSL:RCR) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2023)

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What is Recreate 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. Recreate ASA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.09.

Recreate ASA's long-term debt to total assets ratio declined from Mar. 2022 (0.50) to Jun. 2023 (0.09). It may suggest that Recreate ASA is progressively becoming less dependent on debt to grow their business.

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

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

Recreate ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.53

0.26

0.50

0.21

Recreate ASA Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.50	0.51	0.49	0.21	0.09

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

Recreate 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 )
	=	625.735	/	2920.457
	=	0.21

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

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	193.604	/	2091.912
	=

Recreate ASA (OSL:RCR) 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.

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Recreate ASA (OSL:RCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Recreate ASA (OSL:RCR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dokkvegen 11, Porsgrunn, NOR, 3920

Website

https://www.recreate.no

Recreate ASA is a full-service real estate company focused on developing, owning, and managing large, sustainable commercial properties located at central hubs in Norway. It is engaged in the construction business. Its projects comprise of Skien Brygge, Utsikten, Powerhouse Telemark, Slottsfjell Park, and Vestsiden Terrasse among others. The group is organized into two reportable segments: Commercial Properties, which is a supplier of commercial property to customers and Coworking, which is a supplier of flexible office spaces.

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