Scatec ASA (OSL:SCATC) LT-Debt-to-Total-Asset : 0.56 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Scatec 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. Scatec ASA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.56.

Scatec ASA's long-term debt to total assets ratio increased from Mar. 2023 (0.53) to Mar. 2024 (0.56). It may suggest that Scatec ASA is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Scatec 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.

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

Scatec ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.65

0.46

0.57

0.61

0.57

Scatec ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.53	0.53	0.53	0.57	0.56

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

Scatec ASA'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 )
	=	23963	/	41795
	=	0.57

Scatec ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	24392	/	43289
	=	0.56

Scatec ASA (OSL:SCATC) 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.

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

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

Scatec ASA (OSL:SCATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Scatec ASA (OSL:SCATC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SSOo:Sweden SCATCo:UK 0R3I:UK 66T:Germany

Address

Askekroken 11, Oslo, NOR, NO-0277

Website

https://www.scatec.com

Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

Scatec ASA (OSL:SCATC) Headlines

No Headlines