EQT AB (EQT AB) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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

What is EQT 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. EQT AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

EQT AB's long-term debt to total assets ratio increased from Dec. 2022 (0.22) to Dec. 2023 (0.23). It may suggest that EQT AB is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for EQT 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.

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

EQT AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.15

0.22

0.23

EQT AB Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.15	0.35	0.22	0.23	0.23

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

EQT 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 )
	=	2303.272	/	10041.767
	=	0.23

EQT AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2303.272	/	10041.767
	=	0.23

EQT AB (OTCPK:EQBBF) 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.

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

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

EQT AB (EQT AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT AB (OTCPK:EQBBF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EQT:Sweden EQTs:UK 0AAZ:UK 6EQ:Germany

Address

Regeringsgatan 25, Stockholm, SWE, SE-111 53

Website

https://www.eqtgroup.com

EQT AB is an investment management company. The company manages and advises investment funds and other investment units investing worldwide with the goal of creating attractive returns and future-proof companies. It has two business segments namely, Private Capital and Real Assets. It generates maximum revenue from Private Capital segment. Geographically, it has a presence in Germany; Norway; Denmark; Netherlands; Singapore, and other countries.