eEducation Albert AB (OSTO:ALBERT) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is eEducation Albert AB 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. eEducation Albert AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

eEducation Albert AB's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.03). It may suggest that eEducation Albert AB is progressively becoming more dependent on debt to grow their business.

eEducation Albert AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for eEducation Albert AB'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.

eEducation Albert AB LT-Debt-to-Total-Asset Chart

eEducation Albert AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.03

eEducation Albert AB Quarterly Data
	Dec18	Dec19	Jun20	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														0.03	0.03	0.03	0.03	0.03

eEducation Albert AB LT-Debt-to-Total-Asset Calculation

eEducation Albert AB'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 )
	=	9.271	/	315.529
	=	0.03

eEducation Albert AB'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 )
	=	7.053	/	247.024
	=	0.03

eEducation Albert AB (OSTO:ALBERT) 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.

eEducation Albert AB LT-Debt-to-Total-Asset Related Terms

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

eEducation Albert AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » eEducation Albert AB (OSTO:ALBERT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Polhemsplatsen 5 - 7, Gothenburg, SWE, 411 03

Website

https://www.hejalbert.se

eEducation Albert AB is an application-based education platform for children aged 3-16 years. The company offers digital education services on a subscription basis. The services are provided for a fixed monthly fee through apps, which are available on the Apple App Store and Google Play.

eEducation Albert AB Headlines

No Headlines