Volue ASA (OSTO:VOLUEO) LT-Debt-to-Total-Asset : 0.16 (As of Jun. 2024)

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What is Volue ASA 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. Volue ASA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.16.

Volue ASA's long-term debt to total assets ratio increased from Jun. 2023 (0.04) to Jun. 2024 (0.16). It may suggest that Volue ASA is progressively becoming more dependent on debt to grow their business.

Volue ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Volue ASA'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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Volue ASA LT-Debt-to-Total-Asset Chart

Volue ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.08

0.05

0.04

0.21

Volue ASA Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	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															0.04	0.04	0.21	0.14	0.16

Volue ASA LT-Debt-to-Total-Asset Calculation

Volue ASA'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 )
	=	447.462	/	2127.225
	=	0.21

Volue ASA'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 )
	=	311.096	/	2006.712
	=	0.16

Volue ASA (OSTO:VOLUEo) 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.

Volue ASA LT-Debt-to-Total-Asset Related Terms

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Volue ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Volue ASA (OSTO:VOLUEo) » Definitions » LT-Debt-to-Total-Asset

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Address

Christian Krohgs gate 16, Postboks 9008, Oslo, NOR, NO-0186

Website

https://www.volue.com

Volue ASA is engaged in investing in its own and managing companies and carrying out its business activities within IT and other software services. It has three segments: Energy, Power Grid, and Infrastructure. The Energy segment delivers solutions that help customers master the energy transition by enabling wall-to-wall digitalization of the green energy value chain. The Power Grid segment enables power distributors to support the electrification of society by unlocking flexibility and digital management of the power grid. The infrastructure segment offers customers flexible capabilities for digital water management and helps automate processes and machines for the construction industry. The majority of the company's revenue comes from the Energy segment.

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