Mofast AB (XSAT:MOFAST) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Mofast 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. Mofast AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.46.

Mofast AB's long-term debt to total assets ratio declined from Dec. 2023 (0.46) to Dec. 2024 (0.46). It may suggest that Mofast AB is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Mofast 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.

* Premium members only.

Mofast AB LT-Debt-to-Total-Asset Chart

Mofast AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.59

0.56

0.51

0.22

0.46

Mofast 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															0.46	0.36	0.36	0.36	0.46

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

Mofast 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 )
	=	1491.329	/	3223.244
	=	0.46

Mofast 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 )
	=	1409.052	/	3077.702
	=	0.46

Mofast AB (XSAT:MOFAST) 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.

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

Thank you for viewing the detailed overview of Mofast AB's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Mofast AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mofast AB (XSAT:MOFAST) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Drottninggatan 104, Stockholm, SWE, SE-111 60

Website

https://www.mofastab.se

Mofast AB is a real estate company that owns and manages a portfolio of centrally located community properties. The Portfolio consists of public care homes, pre-schools and health centers located in the greater Stockholm area and Malardalen. All tenants are either public or financed by the public, resulting in a secure cash flow.

Mofast AB Headlines

No Headlines