Tingsvalvet Fastighets AB (OSTO:TINGS A) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2024)

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What is Tingsvalvet Fastighets 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. Tingsvalvet Fastighets AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.46.

Tingsvalvet Fastighets AB's long-term debt to total assets ratio increased from Dec. 2023 (0.30) to Dec. 2024 (0.46). It may suggest that Tingsvalvet Fastighets AB is progressively becoming more dependent on debt to grow their business.

Tingsvalvet Fastighets AB LT-Debt-to-Total-Asset Historical Data

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

Tingsvalvet Fastighets AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.55

0.58

0.50

0.30

0.46

Tingsvalvet Fastighets 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															0.30	0.24	0.46	0.41	0.46

Tingsvalvet Fastighets AB LT-Debt-to-Total-Asset Calculation

Tingsvalvet Fastighets 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 )
	=	1169.034	/	2530.187
	=	0.46

Tingsvalvet Fastighets 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 )
	=	1169.034	/	2530.187
	=	0.46

Tingsvalvet Fastighets AB (OSTO:TINGS A) 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.

Tingsvalvet Fastighets AB LT-Debt-to-Total-Asset Related Terms

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Tingsvalvet Fastighets AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tingsvalvet Fastighets AB (OSTO:TINGS A) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

TINGS B:Sweden

Address

c/o Arctic Securities AS, filial Sverige, Biblioteksgatan 8, 3tr., Stockholm, SWE, 111 46

Website

https://www.tingsvalvet.se

Tingsvalvet Fastighets AB is a Swedish real estate company that owns, manages and leases office, retail and restaurant premises in central Karlstad.

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