Lassila & Tikanoja Oyj (STU:LT5) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)

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What is Lassila & Tikanoja Oyj 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. Lassila & Tikanoja Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

Lassila & Tikanoja Oyj's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.28). It may suggest that Lassila & Tikanoja Oyj is progressively becoming more dependent on debt to grow their business.

Lassila & Tikanoja Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lassila & Tikanoja Oyj'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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Lassila & Tikanoja Oyj LT-Debt-to-Total-Asset Chart

Lassila & Tikanoja Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.26

0.28

0.27

0.26

0.28

Lassila & Tikanoja Oyj 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															0.26	0.27	0.27	0.26	0.28

Lassila & Tikanoja Oyj LT-Debt-to-Total-Asset Calculation

Lassila & Tikanoja Oyj'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 )
	=	168.3	/	607.9
	=	0.28

Lassila & Tikanoja Oyj'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 )
	=	168.3	/	607.9
	=	0.28

Lassila & Tikanoja Oyj (STU:LT5) 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.

Lassila & Tikanoja Oyj LT-Debt-to-Total-Asset Related Terms

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Lassila & Tikanoja Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Lassila & Tikanoja Oyj (STU:LT5) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0F29:UK LAT1V:Finland LT5:Germany

Address

Valimotie 27, Helsinki, FIN, FIN-00380

Website

https://www.lt.fi

Lassila & Tikanoja Oyj provides waste management and recycling operations, cleaning and repair services, construction, and other environment-related activities. It works to reduce waste, extend the useful lives of properties, recover materials, and reduce energy consumption. The company manages different forms of waste, including electrical equipment and paper. The waste is transformed into raw materials and fuel for power plants. Lassila & Tikanoja has four reportable segments: Environmental services, Industrial services, Facility services Finland and Facility Services Sweden. It generates the majority of its revenue from Environmental Services.

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