XXL ASA (OSL:XXL) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)

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What is XXL 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. XXL ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

XXL ASA's long-term debt to total assets ratio increased from Dec. 2023 (0.24) to Dec. 2024 (0.38). It may suggest that XXL ASA is progressively becoming more dependent on debt to grow their business.

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

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

XXL ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.28

0.27

0.23

0.24

0.38

XXL 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															0.24	0.23	0.22	0.34	0.38

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

XXL 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 )
	=	2417	/	6380
	=	0.38

XXL 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 )
	=	2417	/	6380
	=	0.38

XXL ASA (OSL:XXL) 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.

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

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XXL ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » XXL ASA (OSL:XXL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0R3P:UK 2XX0:Germany

Address

Stromsveien 245, Alna Center, Oslo, NOR, 0668

Website

https://www.xxlasa.com

XXL ASA is a sports retailer operating in Norway, Sweden, and Finland. It offers products for sports, hunting, skiing, biking, and other outdoor activities, as well as sportswear, shoes, health & fitness, and sports technology. The products offered include casual wear, sportswear, shoes, sleeping bags, cooking equipment, firearms, binoculars, GPS equipment, knives, axes, backpacks, and maps for various sports, including water sports, football, golf, tennis, ski, snowboarding, and hunting from quality brands. Geographically, the company generates a majority of its revenue from Norway.

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