GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Scandinavian Enviro Systems AB (OSTO:SES) » Definitions » LT-Debt-to-Total-Asset

Scandinavian Enviro Systems AB (OSTO:SES) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Scandinavian Enviro Systems 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. Scandinavian Enviro Systems AB's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

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


Scandinavian Enviro Systems AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Scandinavian Enviro Systems 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.

Scandinavian Enviro Systems AB LT-Debt-to-Total-Asset Chart

Scandinavian Enviro Systems AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 - 0.03 0.01

Scandinavian Enviro Systems AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only 0.01 0.01 0.01 0.01 0.01

Scandinavian Enviro Systems AB LT-Debt-to-Total-Asset Calculation

Scandinavian Enviro Systems 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 )
=4.392/381.396
=0.01

Scandinavian Enviro Systems AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=3.984/450.502
=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.


Scandinavian Enviro Systems AB  (OSTO:SES) 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.


Scandinavian Enviro Systems AB LT-Debt-to-Total-Asset Related Terms

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


Scandinavian Enviro Systems AB Business Description

Traded in Other Exchanges
Address
Regnbagsgatan 8C, Goteborg, SWE, 417 55
Scandinavian Enviro Systems AB functions as a recycling company in Sweden. Its technology enables changing the chemical composition and the physical phase of the tire material during the process. The company operates Modular Recycling Facilities for recovering carbon black, oil, steel and gas from waste tires.

Scandinavian Enviro Systems AB Headlines

From GuruFocus

SES AI Corporation To Host Battery World 2022 Event

By Business Wire Business Wire 12-01-2022

SES to Participate in Upcoming Investor Events

By Business Wire Business Wire 05-04-2023

SES AI Corporation -- 2023 Battery World Highlights

By Business Wire 12-13-2023

SES Preparing for Next-Phase of Li-Metal Cell Manufacturing

By Business Wire Business Wire 05-03-2023

SES Reports First Quarter 2023 Financial Results

By Business Wire Business Wire 05-08-2023