StrongPoint ASA (STU:PGT) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is StrongPoint 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. StrongPoint ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

StrongPoint ASA's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.07). It may suggest that StrongPoint ASA is progressively becoming less dependent on debt to grow their business.

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

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

StrongPoint ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.05

0.04

0.07

0.09

0.07

StrongPoint ASA 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															0.09	0.08	0.08	0.08	0.07

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

StrongPoint ASA'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 )
	=	5.956	/	87.474
	=	0.07

StrongPoint ASA'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 )
	=	5.956	/	87.474
	=	0.07

StrongPoint ASA (STU:PGT) 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.

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

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StrongPoint ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (STU:PGT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

STRO:Norway 0JEZ:UK

Address

Brynsengveien 10, Oslo, NOR, 0667

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.

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