Kistos Holdings (STU:LU0) LT-Debt-to-Total-Asset : 0.28 (As of Jun. 2024)

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What is Kistos Holdings 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. Kistos Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.28.

Kistos Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.30) to Jun. 2024 (0.28). It may suggest that Kistos Holdings is progressively becoming less dependent on debt to grow their business.

Kistos Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kistos Holdings'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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Kistos Holdings LT-Debt-to-Total-Asset Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.41

0.13

0.27

Kistos Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	0.30	0.13	0.30	0.27	0.28

Kistos Holdings LT-Debt-to-Total-Asset Calculation

Kistos Holdings'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 )
	=	219.289	/	827.602
	=	0.26

Kistos Holdings'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 )
	=	225.349	/	795.312
	=	0.28

Kistos Holdings (STU:LU0) 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.

Kistos Holdings LT-Debt-to-Total-Asset Related Terms

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Kistos Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (STU:LU0) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KSTOF:USA KIST:UK LU0:Germany

Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is established to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its principal area of activity is the acquisition and operation of companies or businesses in the energy sector, with a focus on upstream oil and gas activities. The company's reportable segments are; the Netherlands, comprising the production and sale of gas and other hydrocarbons in the Q10-A field and the related costs; the Norway segment comprises the production of oil from interests in the Balder and Ringhorne Ost fields offshore Norway; and the UK segment represents the production and sale of gas and other hydrocarbons from its interest in GLA and related costs.

Kistos Holdings Headlines

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