Medimi AB (XSAT:MEDIMI) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

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What is Medimi 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. Medimi AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

Medimi AB's long-term debt to total assets ratio increased from Dec. 2023 (0.15) to Dec. 2024 (0.18). It may suggest that Medimi AB is progressively becoming more dependent on debt to grow their business.

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

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

Medimi AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.18

Medimi 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															0.15	0.18	0.18	0.21	0.18

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

Medimi 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 )
	=	2.4	/	13.195
	=	0.18

Medimi 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 )
	=	2.4	/	13.195
	=	0.18

Medimi AB (XSAT:MEDIMI) 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.

Medimi AB LT-Debt-to-Total-Asset Related Terms

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Medimi AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medimi AB (XSAT:MEDIMI) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

79T:Germany

Address

Zinkgatan 2, Lomma, SWE, 234 35

Website

http://www.medimiab.com

Medimi AB is engaged in the development, production, and marketing of medication products. It offers Medimi Pro and Medimi Smart computerized pill dispensers that are used by patients, consumers, and healthcare staff to follow their drug schedule. The company focus on the following market segments namely Pharmaceutical industry, Hospital and retirement homes, Home Health Care, Pharmacy and private care, and Connected Health (Telemedicine), E-Health and Integration in Other Systems.

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