Asetek AS (STU:A31) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is Asetek 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. Asetek AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Asetek AS's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.24). It may suggest that Asetek AS is progressively becoming more dependent on debt to grow their business.

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

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

Asetek AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.02

0.03

0.24

Asetek AS Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.18	0.03	0.01	0.24

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

Asetek AS'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 )
	=	18.337	/	75.792
	=	0.24

Asetek AS'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 )
	=	18.337	/	75.792
	=	0.24

Asetek AS (STU:A31) 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.

Asetek AS LT-Debt-to-Total-Asset Related Terms

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Asetek AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asetek AS (STU:A31) » Definitions » LT-Debt-to-Total-Asset

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ASTK:Denmark

Address

Assensvej 2, Aalborg East, Aalborg, DNK, DK-9220

Website

https://www.asetek.com

Asetek AS designs develop and market liquid cooling products. It operates in three segments: Liquid Cooling, Data center, and SimSports. The company generates maximum revenue from the Liquid Cooling segment. The Company operates internationally in several geographical areas, principally in Asia, Europe and the Americas. It derives majority of its revenue from Asia region followed by Americas.

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