Stenhus Fastigheter i Norden AB (OSTO:SFAST) LT-Debt-to-Total-Asset : 0.52 (As of Sep. 2024)

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What is Stenhus Fastigheter i Norden 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. Stenhus Fastigheter i Norden AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.52.

Stenhus Fastigheter i Norden AB's long-term debt to total assets ratio increased from Sep. 2023 (0.41) to Sep. 2024 (0.52). It may suggest that Stenhus Fastigheter i Norden AB is progressively becoming more dependent on debt to grow their business.

Stenhus Fastigheter i Norden AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stenhus Fastigheter i Norden 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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Stenhus Fastigheter i Norden AB LT-Debt-to-Total-Asset Chart

Stenhus Fastigheter i Norden AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.29

0.43

0.47

Stenhus Fastigheter i Norden AB Quarterly Data
	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													0.41	0.47	0.52	0.52	0.52

Stenhus Fastigheter i Norden AB LT-Debt-to-Total-Asset Calculation

Stenhus Fastigheter i Norden 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 )
	=	6834.517	/	14674.725
	=	0.47

Stenhus Fastigheter i Norden 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 )
	=	7198.647	/	13986.735
	=	0.51

Stenhus Fastigheter i Norden AB (OSTO:SFAST) 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.

Stenhus Fastigheter i Norden AB LT-Debt-to-Total-Asset Related Terms

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Stenhus Fastigheter i Norden AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stenhus Fastigheter i Norden AB (OSTO:SFAST) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arstaangsvagen 11, Stockholm, SWE, 11743

Website

https://www.stenhusfastigheter.se

Stenhus Fastigheter i Norden AB is a real estate company that owns and manages public properties and commercial properties.

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