WLNTF (Wallenstam AB) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2024)

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What is Wallenstam 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. Wallenstam AB's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.14.

Wallenstam AB's long-term debt to total assets ratio increased from Jun. 2023 (0.09) to Jun. 2024 (0.14). It may suggest that Wallenstam AB is progressively becoming more dependent on debt to grow their business.

Wallenstam AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wallenstam 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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Wallenstam AB LT-Debt-to-Total-Asset Chart

Wallenstam AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.11

0.10

0.08

0.07

Wallenstam AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.08	0.07	0.08	0.14

Wallenstam AB LT-Debt-to-Total-Asset Calculation

Wallenstam AB'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 )
	=	448.545	/	6516.242
	=	0.07

Wallenstam AB'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 )
	=	892.248	/	6502.527
	=	0.14

Wallenstam AB (OTCPK:WLNTF) 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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Wallenstam AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wallenstam AB (OTCPK:WLNTF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

WALL B:Sweden 0R7Y:UK WAE:Germany

Address

Kungsportsavenyen 2, Gothenburg, SWE, 401 84

Website

http://www.wallenstam.se

Wallenstam AB is a general real estate company. The company generates all of its revenue in Sweden. Wallenstam reports three core segments that are mostly based on regional exposure, including Gothenburg, Stockholm, and Other. The vast majority of the company's revenue is derived from its Gothenburg segment, which develops, sells, and administers residential and commercial properties in Gothenburg. The company considers merger and acquisition investment as a potential component of its operational growth strategy.