Fagerhult Group AB (OSTO:FAG) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)

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What is Fagerhult 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. Fagerhult Group AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

Fagerhult Group AB's long-term debt to total assets ratio increased from Mar. 2023 (0.15) to Mar. 2024 (0.26). It may suggest that Fagerhult Group AB is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Fagerhult 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.

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

Fagerhult Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.34

0.33

0.29

0.28

0.25

Fagerhult Group 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															0.15	0.30	0.29	0.25	0.26

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

Fagerhult Group 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 )
	=	3248.2	/	13007.4
	=	0.25

Fagerhult Group 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 )
	=	3515.8	/	13587.3
	=	0.26

Fagerhult Group AB (OSTO:FAG) 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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Fagerhult Group AB (OSTO:FAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fagerhult Group AB (OSTO:FAG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

2F0:Germany

Address

Avagen 1, Habo, SWE, SE-566 80

Website

https://www.fagerhultgroup.com

Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses regarding customers' and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Asia and Australia. Its brands consist of atelje Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko.

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