Lifeclean International AB (OSTO:LCLEAN) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

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

Lifeclean International AB's long-term debt to total assets ratio increased from Mar. 2023 (0.21) to Mar. 2024 (0.22). It may suggest that Lifeclean International AB is progressively becoming more dependent on debt to grow their business.

Lifeclean International AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lifeclean International 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.

Lifeclean International AB LT-Debt-to-Total-Asset Chart

Lifeclean International AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.04

0.13

0.26

0.25

Lifeclean International AB Quarterly Data
	Dec18	Jun19	Dec19	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														0.21	0.36	0.21	0.25	0.22

Lifeclean International AB LT-Debt-to-Total-Asset Calculation

Lifeclean International 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 )
	=	17.12	/	68.606
	=	0.25

Lifeclean International 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 )
	=	18.164	/	81.538
	=	0.22

Lifeclean International AB (OSTO:LCLEAN) 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.

Lifeclean International AB LT-Debt-to-Total-Asset Related Terms

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

Lifeclean International AB (OSTO:LCLEAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lifeclean International AB (OSTO:LCLEAN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

651:Germany

Address

Karrastrandvagen 124B, Uddevalla, SWE, 451 76

Website

https://www.lifeclean.se

Lifeclean International AB is engaged in research, production, marketing and sales of disinfectant products and offers a patented disinfectant for equipment and surfaces such as floors, walls, furniture and general roof surfaces. The company's product LifeClean Disinfectant that cleans spores, viruses, bacteria, fungi, parasites and biofilm, without leaving residues and preventing the development of multi-resistant organisms.

Lifeclean International AB (OSTO:LCLEAN) Headlines

No Headlines