Bonava AB (OSTO:BONAV A) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Bonava 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. Bonava AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Bonava AB's long-term debt to total assets ratio increased from Mar. 2023 (0.09) to Mar. 2024 (0.21). It may suggest that Bonava AB is progressively becoming more dependent on debt to grow their business.

Bonava AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bonava 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.

Bonava AB LT-Debt-to-Total-Asset Chart

Bonava AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.13

0.10

0.14

0.01

Bonava AB 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															0.09	0.09	0.01	0.01	0.21

Bonava AB LT-Debt-to-Total-Asset Calculation

Bonava 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 )
	=	228	/	19097
	=	0.01

Bonava AB'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 )
	=	4198	/	19591
	=	0.21

Bonava AB (OSTO:BONAV A) 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.

Bonava AB LT-Debt-to-Total-Asset Related Terms

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

Bonava AB (OSTO:BONAV A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Bonava AB (OSTO:BONAV A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BONAV B:Sweden 0RHA:UK 66B:Germany

Address

Lindhagensgatan 72, Stockholm, SWE, 11218

Website

https://www.bonava.com

Bonava AB is a Swedish residential development company. It acts as a developer of residential housing in northern Europe. The company is engaged in developing and selling affordable and sustainable homes to consumers and investors in selected markets in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia, and Latvia. Bonava provides multi-family housing and single-family housing and develops homes for consumers and investors, such as pension funds, jointly with municipalities and other stakeholders. Its product segments are categorized as Affordable, Core and High-end. Bonava operates in the Berlin, Hamburg, Baltic coast, Saxony, Rhien-Ruhr, Cologne/ Bonn, Rhien-Main and Rhine-Neckar/Stuttgart regions.Key revenue is earned from sales in Germany.

Bonava AB (OSTO:BONAV A) Headlines

No Headlines