Observit AB (OSTO:OBSE) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Observit 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. Observit AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Observit AB's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.04). It may suggest that Observit AB is progressively becoming more dependent on debt to grow their business.

Observit AB LT-Debt-to-Total-Asset Historical Data

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

Observit AB Annual Data

Trend

Jun21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.04

Observit AB Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	-	-	0.03	0.04

Observit AB LT-Debt-to-Total-Asset Calculation

Observit 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 )
	=	1.922	/	51.15
	=	0.04

Observit AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.922	/	51.15
	=	0.04

Observit AB (OSTO:OBSE) 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.

Observit AB LT-Debt-to-Total-Asset Related Terms

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Observit AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Observit AB (OSTO:OBSE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

T3Z:Germany

Address

Heffners Alle 52, Sundsvall, SWE, 856 33

Website

https://www.observit.com

Observit AB is the market leader in the Nordics when it comes to mobile video surveillance in public transport. The company provides software as a cloud service, and a Software as a Service (SaaS) solution, and currently has approximately 38,000 licenses (one license per security camera) connected worldwide. The customer base includes large, well-known bus operators such as Nobina, Keolis, and Arriva and other transport-heavy customers such as Elis. Observit wants to become the leading global brand for mobile video solutions in the transport sector.

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