Oodash Group AB (publ) (OSTO:OODA) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)

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What is Oodash Group AB (publ) 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. Oodash Group AB (publ)'s long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Oodash Group AB (publ)'s long-term debt to total assets ratio declined from Sep. 2022 (0.05) to Sep. 2023 (0.01). It may suggest that Oodash Group AB (publ) is progressively becoming less dependent on debt to grow their business.

Oodash Group AB (publ) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oodash Group AB (publ)'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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Oodash Group AB (publ) LT-Debt-to-Total-Asset Chart

Oodash Group AB (publ) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.08

0.06

0.04

Oodash Group AB (publ) Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.05	0.01

Oodash Group AB (publ) LT-Debt-to-Total-Asset Calculation

Oodash Group AB (publ)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	12.872	/	339.227
	=	0.04

Oodash Group AB (publ)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	2.375	/	168.313
	=	0.01

Oodash Group AB (publ) (OSTO:OODA) 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.

Oodash Group AB (publ) LT-Debt-to-Total-Asset Related Terms

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Oodash Group AB (publ) (OSTO:OODA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Oodash Group AB (publ) (OSTO:OODA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Strandvagen 7A, Stockholm, SWE, 114 56

Website

https://www.oodash.com

Oodash Group AB (publ) is an investment company focusing on artificial intelligence (AI). The company has a deep understanding of the latest AI technologies and actively guides its portfolio companies with implementation and development of AI-based services.

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