Online Brands Nordic AB (OSTO:OBAB) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is Online Brands Nordic 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. Online Brands Nordic AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Online Brands Nordic AB's long-term debt to total assets ratio increased from Sep. 2023 (0.05) to Sep. 2024 (0.11). It may suggest that Online Brands Nordic AB is progressively becoming more dependent on debt to grow their business.

Online Brands Nordic AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Online Brands Nordic 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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Online Brands Nordic AB LT-Debt-to-Total-Asset Chart

Online Brands Nordic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.03

0.15

0.12

Online Brands Nordic 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															0.05	0.12	0.08	0.11	0.11

Online Brands Nordic AB LT-Debt-to-Total-Asset Calculation

Online Brands Nordic 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 )
	=	33.956	/	274.81
	=	0.12

Online Brands Nordic 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 )
	=	30.9	/	274.4
	=	0.11

Online Brands Nordic AB (OSTO:OBAB) 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.

Online Brands Nordic AB LT-Debt-to-Total-Asset Related Terms

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Online Brands Nordic AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Online Brands Nordic AB (OSTO:OBAB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 7A, Molndal, SWE, 431 37

Website

https://www.onlinebrands.se

Online Brands Nordic AB is an e-commerce company. The group operates the online store Trendcarpet, which is engaged in retailing of carpets. The company operates in more than 10 different countries and is primarily aimed at the private market. The group also houses international e-commerce for hats under the Hatshop brand and the jewelery store John Victorin in Varberg AB.

Online Brands Nordic AB Headlines

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