TagMaster AB (OSTO:TAGM B) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is TagMaster 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. TagMaster AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

TagMaster AB's long-term debt to total assets ratio increased from Dec. 2023 (0.08) to Dec. 2024 (0.13). It may suggest that TagMaster AB is progressively becoming more dependent on debt to grow their business.

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

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

TagMaster AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.10

0.11

0.05

0.08

0.13

TagMaster AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.09	0.10	0.08	0.13

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

TagMaster 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 )
	=	73.609	/	556.693
	=	0.13

TagMaster 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 )
	=	73.609	/	556.693
	=	0.13

TagMaster AB (OSTO:TAGM B) 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.

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

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TagMaster AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TagMaster AB (OSTO:TAGM B) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Kronborgsgrand 11, Kista, SWE, 164 46

Website

https://www.tagmaster.com

TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.

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