GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RugVista Group AB (OSTO:RUG) » Definitions » LT-Debt-to-Total-Asset

RugVista Group AB (OSTO:RUG) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is RugVista Group 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. RugVista Group AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

RugVista Group AB's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that RugVista Group AB is progressively becoming less dependent on debt to grow their business.


RugVista Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for RugVista Group 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.

* Premium members only.

RugVista Group AB LT-Debt-to-Total-Asset Chart

RugVista Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.20 0.04 0.03 0.02 0.02

RugVista Group AB Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.01

RugVista Group AB LT-Debt-to-Total-Asset Calculation

RugVista Group 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 )
=10.545/705.615
=0.01

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=7.442/743.618
=0.01

* 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.


RugVista Group AB  (OSTO:RUG) 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.


RugVista Group AB LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of RugVista Group AB's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


RugVista Group AB (OSTO:RUG) Business Description

Traded in Other Exchanges
N/A
Address
Ringugnsgatan 11, Limhamn, Malmo, SWE, 216 16
RugVista Group AB is a direct-to-consumer online platform within carpet and rug sales through its online stores. The company offers broad and relevant range of quality design and traditional carpets and rugs. It operates in three segments namely Business-to-Consumer (B2C), Business-to-Business (B2B), and Marketplaces & others (MPO). The B2C segment represents the consumer market. The B2B segments focuses on small and medium sized companies mainly retail stores, hotels and interior design studios. The MPO segments sells company's products through other selected relevant and rapidly growing online stores such as Amazon. Majority of its revenue comes from B2C segment.

RugVista Group AB (OSTO:RUG) Headlines

No Headlines