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Loyal Solutions A/S (OSTO:LOYAL) LT-Debt-to-Total-Asset : 0.71 (As of Dec. 2023)


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What is Loyal Solutions A/S 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. Loyal Solutions A/S's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.71.

Loyal Solutions A/S's long-term debt to total assets ratio increased from Dec. 2022 (0.52) to Dec. 2023 (0.71). It may suggest that Loyal Solutions A/S is progressively becoming more dependent on debt to grow their business.


Loyal Solutions A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for Loyal Solutions A/S'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.

Loyal Solutions A/S LT-Debt-to-Total-Asset Chart

Loyal Solutions A/S Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.38 0.29 0.18 0.31 0.71

Loyal Solutions A/S Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - 0.31 0.52 0.71 0.71

Loyal Solutions A/S LT-Debt-to-Total-Asset Calculation

Loyal Solutions A/S's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=24.56/34.804
=0.71

Loyal Solutions A/S's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=25.566/35.963
=0.71

* 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.


Loyal Solutions A/S  (OSTO:LOYAL) 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.


Loyal Solutions A/S LT-Debt-to-Total-Asset Related Terms

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Loyal Solutions A/S (OSTO:LOYAL) Business Description

Traded in Other Exchanges
N/A
Address
Edvard Thomsens Vej 10, 6th floor, Copenhagen S, DNK, DK-2300
Loyal Solutions A/S is a software as a service company. It is committed to the development, implementation, and operation of advanced loyalty solutions.

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