BrightBid Group AB (OSTO:BRIGHT) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is BrightBid Group 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. BrightBid Group AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

BrightBid Group AB's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.01). It may suggest that BrightBid Group AB is progressively becoming less dependent on debt to grow their business.

BrightBid Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for BrightBid Group 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.

BrightBid Group AB LT-Debt-to-Total-Asset Chart

BrightBid Group 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

0.12

0.01

0.16

0.03

BrightBid Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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	0.02	0.01

BrightBid Group AB LT-Debt-to-Total-Asset Calculation

BrightBid Group 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 )
	=	5.163	/	154.799
	=	0.03

BrightBid Group 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 )
	=	1.291	/	157.489
	=	0.01

BrightBid Group AB (OSTO:BRIGHT) 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.

BrightBid Group AB LT-Debt-to-Total-Asset Related Terms

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

BrightBid Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BrightBid Group AB (OSTO:BRIGHT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brunnsgatan 11, Stockholm, SWE, 111 38

Website

https://www.brightbid.com

BrightBid Group AB is an AdTech company. The company's AdTech services help e-merchants get traffic through the AI-based SaaS service Bidbrain.com. The solutions offered by the company are AI-Fused PPC Automation, AI Optimization for Google Shopping Ads, Sell Amazon Products on Google Shopping, AI-Powered Ad Reporting, Competitor Ad Monitoring, Brand Protection, and others.

BrightBid Group AB Headlines

No Headlines