Byggma ASA (OSTO:BMAO) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

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What is Byggma 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. Byggma ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

Byggma ASA's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.30). It may suggest that Byggma ASA is progressively becoming more dependent on debt to grow their business.

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

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

Byggma ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.23

0.28

0.26

0.30

Byggma 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															0.26	0.27	0.26	0.26	0.30

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

Byggma 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 )
	=	858	/	2911.8
	=	0.29

Byggma 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 )
	=	858	/	2911.8
	=	0.29

Byggma ASA (OSTO:BMAO) 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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Byggma ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Byggma ASA (OSTO:BMAO) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BMA:Norway

Address

Venneslaveien 233, P.O. Box 21, Vennesla, NOR, 4701

Website

http://www.byggma.no

Byggma ASA is a supplier of building materials in the Nordic countries. Its operating segment includes Panels; Lighting; Windows; Beams and Byggma other. It generates maximum revenue from the Panels segment. The company's brands include Huntonit, Manonite, Forestia, Uldal, Scan Lamps and Aneta. It is involved in projects ranging from public buildings, commercial and private homes. Geographically, it derives a majority of revenue from Norway.

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