Infortar AS (OTSE:INF1T) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

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What is Infortar AS 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. Infortar AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Infortar AS's long-term debt to total assets ratio stayed the same from Dec. 2021 (0.18) to Dec. 2023 (0.18).

Infortar AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Infortar AS'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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Infortar AS LT-Debt-to-Total-Asset Chart

Infortar AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.20

0.18

0.15

0.18

Infortar AS Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	0.20	0.18	0.15	0.18

Infortar AS LT-Debt-to-Total-Asset Calculation

Infortar AS'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 )
	=	255.135	/	1460.512
	=	0.17

Infortar AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	255.135	/	1460.512
	=	0.17

Infortar AS (OTSE:INF1T) 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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Infortar AS (OTSE:INF1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Infortar AS (OTSE:INF1T) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

X8K:Germany

Address

Sadama 5, Tallinn, EST, 10111

Website

https://www.infortar.ee

Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

Infortar AS (OTSE:INF1T) Headlines

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