CAG Group AB (OSTO:CAG) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is CAG 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. CAG Group AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

CAG Group AB's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.04). It may suggest that CAG Group AB is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for CAG 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.

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

CAG Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.07

0.12

0.09

0.04

CAG Group AB 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															0.09	0.09	0.07	0.05	0.04

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

CAG Group AB'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 )
	=	20.437	/	546.338
	=	0.04

CAG Group AB'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 )
	=	20.437	/	546.338
	=	0.04

CAG Group AB (OSTO:CAG) 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.

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

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

CAG Group AB Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 37, Box 7465, Stockholm, SWE, 103 92

Website

https://www.cag.se

CAG Group AB is an information technology consulting company. The company's services include information technology management, system development, operations, and training. The company offers cutting-edge expertise in Technology Management, System Development, Cyber Security, Operations & Administration, and Education with a focus on the customer segments of Defense, Banking & Finance, Trade & Services, Industry & Infrastructure, and Health & Care.