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Lyckegard Group AB (OSTO:LYGRD) Debt-to-Revenue : 0.20 (As of Mar. 2024)


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What is Lyckegard Group AB Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Lyckegard Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr20.6 Mil. Lyckegard Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr13.4 Mil. Lyckegard Group AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr166.4 Mil. Lyckegard Group AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.


Lyckegard Group AB Debt-to-Revenue Historical Data

The historical data trend for Lyckegard Group AB's Debt-to-Revenue 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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Lyckegard Group AB Debt-to-Revenue Chart

Lyckegard Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
0.41 0.81 0.34 0.47 0.23

Lyckegard Group AB Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.11 0.17 0.29 0.20

Competitive Comparison of Lyckegard Group AB's Debt-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Lyckegard Group AB's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lyckegard Group AB's Debt-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lyckegard Group AB's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Lyckegard Group AB's Debt-to-Revenue falls into.



Lyckegard Group AB Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Lyckegard Group AB's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21.996 + 16.252) / 165.19
=0.23

Lyckegard Group AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(20.648 + 13.362) / 166.364
=0.20

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Lyckegard Group AB Debt-to-Revenue Related Terms

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Lyckegard Group AB (OSTO:LYGRD) Business Description

Traded in Other Exchanges
Address
Trollebergsvagen, Lund, SWE, 102-28
Lyckegard Group AB is an innovative company that strives towards sustainable agriculture through the reduced use of pesticides and fertilizers. The company develops and sells agricultural mechanical tools for weed control, tillage and sowing. The tools work mechanically, without chemicals, and use innovative methods and new cultivation strategies for more environmentally friendly agriculture. The products can be used by both organic and conventional farmers who want to reduce the use of pesticides and use modern cultivation strategies for increased yields.

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