Gruvaktiebolaget Viscaria (OSTO:VISC) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Gruvaktiebolaget Viscaria 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. Gruvaktiebolaget Viscaria's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

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

Gruvaktiebolaget Viscaria LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gruvaktiebolaget Viscaria'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.

Gruvaktiebolaget Viscaria LT-Debt-to-Total-Asset Chart

Gruvaktiebolaget Viscaria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.03

0.05

0.03

0.01

Gruvaktiebolaget Viscaria 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															0.03	0.02	0.03	0.01	0.01

Gruvaktiebolaget Viscaria LT-Debt-to-Total-Asset Calculation

Gruvaktiebolaget Viscaria'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 )
	=	17.7	/	1294
	=

Gruvaktiebolaget Viscaria'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 )
	=	17.5	/	1283.3
	=

Gruvaktiebolaget Viscaria (OSTO:VISC) 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.

Gruvaktiebolaget Viscaria LT-Debt-to-Total-Asset Related Terms

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

Gruvaktiebolaget Viscaria (OSTO:VISC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gruvaktiebolaget Viscaria (OSTO:VISC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5KP:Germany

Address

Verkstadsvagen 52, Kopparberg, SWE, 714 36

Website

http://www.copperstone.se

Copperstone Resources AB is a Sweden-based exploration and mining company in the Industrial Metals and Mining division. It is primarily focused on developing the Viscaria copper mine in the region of Kiruna in northern Sweden. The company explores for copper, gold, zink, lead, and other minerals. It also holds interests in projects in Arvidsjaur (Eva, Svartliden, Granliden) and in Smedjebacken (Tvistbo), all located in the northern Sweden.

Gruvaktiebolaget Viscaria (OSTO:VISC) Headlines

No Headlines