Bergs Timber AB (OSTO:BRG B) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2023)

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What is Bergs Timber 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. Bergs Timber AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.14.

Bergs Timber AB's long-term debt to total assets ratio increased from Sep. 2022 (0.08) to Sep. 2023 (0.14). It may suggest that Bergs Timber AB is progressively becoming more dependent on debt to grow their business.

Bergs Timber AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bergs Timber 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.

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Bergs Timber AB LT-Debt-to-Total-Asset Chart

Bergs Timber AB Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.11

0.27

0.10

0.01

0.09

Bergs Timber AB Quarterly Data
	Aug18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.09	0.08	0.17	0.14

Bergs Timber AB LT-Debt-to-Total-Asset Calculation

Bergs Timber AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	210	/	2467
	=	0.09

Bergs Timber AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	375	/	2650
	=	0.14

Bergs Timber AB (OSTO:BRG B) 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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Bergs Timber AB (OSTO:BRG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Bergs Timber AB (OSTO:BRG B) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53

Website

https://www.bergstimber.com

Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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