Electrolux Professional AB (OSTO:EPRO B) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2024)

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What is Electrolux Professional 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. Electrolux Professional AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.22.

Electrolux Professional AB's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.22) to Mar. 2024 (0.22).

Electrolux Professional AB LT-Debt-to-Total-Asset Historical Data

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

Electrolux Professional AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.10

0.14

0.25

0.13

Electrolux Professional AB 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															0.22	0.21	0.13	0.13	0.22

Electrolux Professional AB LT-Debt-to-Total-Asset Calculation

Electrolux Professional 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 )
	=	1413	/	11347
	=	0.12

Electrolux Professional AB'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 )
	=	3066	/	13946
	=	0.22

Electrolux Professional AB (OSTO:EPRO B) 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.

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Electrolux Professional AB (OSTO:EPRO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electrolux Professional AB (OSTO:EPRO B) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ECTXF:USA 4KK1:Germany

Address

Franzengatan 6, Stockholm, SWE, SE-112 51

Website

https://www.electroluxprofessional.com/corporate

Electrolux Professional AB is a provider of food service, beverage, and laundry solutions, serving a wide range of customers globally, from restaurants and hotels to healthcare, educational, and other service facilities. The company's products include Combi ovens; Boiling & braising pans; Fry tops; Slicers & food processors; Planetary mixers; Vacuum packers & sealers; Refrigerated counters; Blast chillers; Waste management systems; Coffee grinders; hot, cold, and frozen beverages dispensers; Beer dispensing systems; and others. Its geographical segments are Europe; the Asia Pacific, the Middle East, Africa; and the Americas, of which the majority of its revenue comes from Europe.

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