Duearity AB (OSTO:DEAR) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is Duearity 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. Duearity AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Duearity AB's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.19). It may suggest that Duearity AB is progressively becoming more dependent on debt to grow their business.

Duearity AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Duearity 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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Duearity AB LT-Debt-to-Total-Asset Chart

Duearity AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.07

0.19

Duearity AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.07	0.06	0.04	0.35	0.19

Duearity AB LT-Debt-to-Total-Asset Calculation

Duearity 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 )
	=	2.94	/	15.144
	=	0.19

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2.94	/	15.144
	=	0.19

Duearity AB (OSTO:DEAR) 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.

Duearity AB LT-Debt-to-Total-Asset Related Terms

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