GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » LT-Debt-to-Total-Asset

Karnell Group AB (OSTO:KARNEL B) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

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

Karnell Group AB's long-term debt to total assets ratio declined from Dec. 2021 (0.22) to Mar. 2024 (0.19). It may suggest that Karnell Group AB is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Karnell 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.

* Premium members only.

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

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.22 0.23 0.20

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
LT-Debt-to-Total-Asset 0.22 0.23 - 0.20 0.19

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

Karnell 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 )
=325.347/1600.368
=0.20

Karnell 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 )
=385.9/2030.5
=0.19

* 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.

Karnell Group AB  (OSTO:KARNEL 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.

Karnell Group AB LT-Debt-to-Total-Asset Related Terms

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

Karnell Group AB (OSTO:KARNEL B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Website
https://www.karnell.se
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

No Headlines