Nordisk Bergteknik AB (OSTO:NORB B) LT-Debt-to-Total-Asset : 0.39 (As of Mar. 2025)

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What is Nordisk Bergteknik 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. Nordisk Bergteknik AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.39.

Nordisk Bergteknik AB's long-term debt to total assets ratio increased from Mar. 2024 (0.37) to Mar. 2025 (0.39). It may suggest that Nordisk Bergteknik AB is progressively becoming more dependent on debt to grow their business.

Nordisk Bergteknik AB LT-Debt-to-Total-Asset Historical Data

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

Nordisk Bergteknik AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.47

0.31

0.35

0.37

0.39

Nordisk Bergteknik AB Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.39	0.39	0.39	0.39

Nordisk Bergteknik AB LT-Debt-to-Total-Asset Calculation

Nordisk Bergteknik AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1317.1	/	3414.7
	=	0.39

Nordisk Bergteknik AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	1314.3	/	3387.2
	=	0.39

Nordisk Bergteknik AB (OSTO:NORB 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.

Nordisk Bergteknik AB LT-Debt-to-Total-Asset Related Terms

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Nordisk Bergteknik AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordisk Bergteknik AB (OSTO:NORB B) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

9LY:Germany

Address

Ostra Hamngatan 52, Gothenburg, SWE, 411 08

Website

https://www.nordiskbergteknik.se

Nordisk Bergteknik AB's business concept is to offer contracting services in infrastructure to the construction mining and construction industries within selected niches in the Nordic countries. It operates in the two business areas of Rock Handling and Foundation Solutions, which in turn are reported in the three financial segments Foundation Sweden, Rock Sweden, and Rock Norway. It generates maximum revenue from the Rock Sweden segment. The majority of the revenue comes from Rock Sweden. Geographic areas are Sweden, Norway, Finland, and Other Countries where the majority of revenue comes from Sweden.

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