SATS ASA (OSL:SATS) LT-Debt-to-Total-Asset : 0.59 (As of Dec. 2024)

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What is SATS 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. SATS ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.59.

SATS ASA's long-term debt to total assets ratio declined from Dec. 2023 (0.64) to Dec. 2024 (0.59). It may suggest that SATS ASA is progressively becoming less dependent on debt to grow their business.

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

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

SATS ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.67

0.69

0.65

0.64

0.59

SATS 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															0.64	0.63	0.62	0.62	0.59

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

SATS 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 )
	=	5530	/	9336
	=	0.59

SATS 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 )
	=	5530	/	9336
	=	0.59

SATS ASA (OSL:SATS) 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.

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

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SATS ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SATS ASA (OSL:SATS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SATSo:Sweden SATSo:UK 2S0:Germany

Address

Nydalsveien 28, Oslo, NOR, 0484

Website

https://www.satsgroup.com

SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.