TELNF (Telenor ASA) LT-Debt-to-Total-Asset : 0.36 (As of Sep. 2024)

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What is Telenor 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. Telenor ASA's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.36.

Telenor ASA's long-term debt to total assets ratio declined from Sep. 2023 (0.38) to Sep. 2024 (0.36). It may suggest that Telenor ASA is progressively becoming less dependent on debt to grow their business.

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

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

Telenor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.47

0.52

0.51

0.43

0.40

Telenor ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.40	0.39	0.36	0.36

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

Telenor ASA'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 )
	=	8185.205	/	20700.419
	=	0.40

Telenor ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	7761.942	/	21874.117
	=	0.35

Telenor ASA (OTCPK:TELNF) 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.

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

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Telenor ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telenor ASA (OTCPK:TELNF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TELNY:USA TELo:Sweden TEL:Norway TELo:UK 0G8C:UK TEQ:Germany

Address

Snaroyveien 30, Fornebu, NOR, N-1360

Website

https://www.telenor.com

Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries like Sweden, Denmark, and Finland, and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.