Cortus Energy AB (OSTO:CE) LT-Debt-to-Total-Asset: 0.50 (As of Dec. 2024)


OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
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What is Cortus Energy AB LT-Debt-to-Total-Asset?

Cortus Energy AB OSTO:CE 8 LT-Debt-to-Total-Asset is 0.50 as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

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. Cortus Energy AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.50.

Cortus Energy AB's long-term debt to total assets ratio increased from Dec. 2023 (0.44) to Dec. 2024 (0.50). It may suggest that Cortus Energy AB is progressively becoming more dependent on debt to grow their business.

Cortus Energy AB  (OSTO:CE) 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.

Cortus Energy AB LT-Debt-to-Total-Asset Related Terms

Cortus Energy AB LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Cortus Energy 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.

Cortus Energy AB LT-Debt-to-Total-Asset Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.07 0.32 0.44 0.50

Cortus Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.50 0.39 0.47 0.50
OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Cortus Energy AB LT-Debt-to-Total-Asset Calculation

Cortus Energy 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 )
=39.663/79.39
=0.50

Cortus Energy 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 )
=39.663/79.39
=0.50

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.50 mean?
Cortus Energy AB (OSTO:CE) has a LT-Debt-to-Total-Asset of 0.50 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cortus Energy AB and its competitors.
Is Cortus Energy AB's LT-Debt-to-Total-Asset too high?
Cortus Energy AB's current LT-Debt-to-Total-Asset is 0.50. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's LT-Debt-to-Total-Asset compare to CEG?
Cortus Energy AB's LT-Debt-to-Total-Asset of 0.50 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Utilities - Independent Power Producers company?
A good LT-Debt-to-Total-Asset depends on the Utilities - Independent Power Producers industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cortus Energy AB and its competitors. Cortus Energy AB's current LT-Debt-to-Total-Asset is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current LT-Debt-to-Total-Asset of 0.50. The current LT-Debt-to-Total-Asset is 0.50. Cortus Energy AB's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Cortus Energy AB (OSTO:CE), the current LT-Debt-to-Total-Asset is 0.50 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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