Tobin Properties AB (OSTO:TOBIN PREF.PFD) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2019)

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What is Tobin Properties 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. Tobin Properties AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2019 was 0.20.

Tobin Properties AB's long-term debt to total assets ratio declined from Mar. 2018 (0.48) to Mar. 2019 (0.20). It may suggest that Tobin Properties AB is progressively becoming less dependent on debt to grow their business.

Tobin Properties AB LT-Debt-to-Total-Asset Historical Data

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

Tobin Properties AB Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.20

0.15

0.42

0.53

0.20

Tobin Properties AB Quarterly Data
	Sep13	Dec13	Sep14	Dec14	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.48	0.42	0.43	0.20	0.20

Tobin Properties AB LT-Debt-to-Total-Asset Calculation

Tobin Properties AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	366.618	/	1812.75
	=	0.20

Tobin Properties AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

LT Debt to Total Assets (Q: Mar. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2019 )	/	Total Assets (Q: Mar. 2019 )
	=	365.144	/	1813.288
	=	0.20

Tobin Properties AB (OSTO:TOBIN PREF.PFD) 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.

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Tobin Properties AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tobin Properties AB (OSTO:TOBIN PREF.PFD) » Definitions » LT-Debt-to-Total-Asset

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Address

Humlegardsgatan 19A, Stockholm, SWE, 114 46

Website

http://www.tobinproperties.se

Tobin Properties AB is a real estate development company. Its project portfolio comprises a total of about 1664 apartments with 109,400 square meters of floor space.

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