Hanza AB (OSTO:HANZA) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2024)

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What is Hanza 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. Hanza AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.19.

Hanza AB's long-term debt to total assets ratio increased from Sep. 2023 (0.12) to Sep. 2024 (0.19). It may suggest that Hanza AB is progressively becoming more dependent on debt to grow their business.

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

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

Hanza AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.18

0.19

0.14

0.15

Hanza AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.15	0.18	0.18	0.19

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

Hanza 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 )
	=	440	/	2929
	=	0.15

Hanza AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	688	/	3716
	=	0.19

Hanza AB (OSTO:HANZA) 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.

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

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Hanza AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hanza AB (OSTO:HANZA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Torshamnsgatan 35, Kista, Stockholm, SWE, 164 40

Website

http://www.hanza.com

Hanza AB is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, it creates stable deliveries, increased profitability and an environmentally friendly manufacturing process for customers. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. The business areas of the company include Business Advisory Services, Simplifying Eco Design and Manufacturing Solutions. The company has three reportable segments: Main Markets; Other Markets; and Business Development.

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