Absolicon Solar Collector AB (XSAT:ABSL B) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Absolicon Solar Collector 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. Absolicon Solar Collector AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Absolicon Solar Collector AB's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Mar. 2024 (0.00).

Absolicon Solar Collector AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Absolicon Solar Collector 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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Absolicon Solar Collector AB LT-Debt-to-Total-Asset Chart

Absolicon Solar Collector AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.02

0.01

Absolicon Solar Collector AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Absolicon Solar Collector AB LT-Debt-to-Total-Asset Calculation

Absolicon Solar Collector AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	131.93
	=	0.00

Absolicon Solar Collector AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	71.683
	=	0.00

Absolicon Solar Collector AB (XSAT:ABSL B) 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.

Absolicon Solar Collector AB LT-Debt-to-Total-Asset Related Terms

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Absolicon Solar Collector AB (XSAT:ABSL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Absolicon Solar Collector AB (XSAT:ABSL B) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ZY0:Germany

Address

Fiskaregatan 11, Harnosand, SWE, 871 33

Website

http://www.absolicon.com

Absolicon Solar Collector AB is a supplier of solar concentrators. The company is engaged in developing, manufacturing and selling solar energy systems. Its solar heat is used in Apartments, Solar district heating, Food industry, Hospitals, Hotels, Power Plant and Sports centers. It operates in approximately 3 continents.

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