VIMGF (Vimian Group AB) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

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What is Vimian Group AB 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. Vimian Group AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

Vimian Group AB's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.21). It may suggest that Vimian Group AB is progressively becoming less dependent on debt to grow their business.

Vimian Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vimian Group AB'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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Vimian Group AB LT-Debt-to-Total-Asset Chart

Vimian Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.17

0.27

0.23

0.32

0.21

Vimian Group AB 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															0.32	0.31	0.18	0.24	0.21

Vimian Group AB LT-Debt-to-Total-Asset Calculation

Vimian Group AB'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 )
	=	239.686	/	1162.094
	=	0.21

Vimian Group AB'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 )
	=	239.686	/	1162.094
	=	0.21

Vimian Group AB (OTCPK:VIMGF) 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.

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Vimian Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Vimian Group AB (OTCPK:VIMGF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

VIMIAN:Sweden 0V0:Germany

Address

Riddargatan 19, Stockholm, SWE, SE-11457

Website

https://www.vimian.com

Vimian Group AB specializes in the areas of animal health such as specialty pharma, diagnostics, medtech, and veterinary services. It offers proprietary diagnostics, prescription and non-prescription treatments for preventive care, and treatment of chronic conditions for companion animals, with a strong position within allergy, dermatology, otology, and specialized nutrition. Its geographical segments include Europe, North America, and the Rest of the world.