Scandinavian Tobacco Group A/S (OCSE:STG) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Scandinavian Tobacco Group A/S 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. Scandinavian Tobacco Group A/S's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

Scandinavian Tobacco Group A/S's long-term debt to total assets ratio declined from Mar. 2023 (0.26) to Mar. 2024 (0.25). It may suggest that Scandinavian Tobacco Group A/S is progressively becoming less dependent on debt to grow their business.

Scandinavian Tobacco Group A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for Scandinavian Tobacco Group A/S'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.

Scandinavian Tobacco Group A/S LT-Debt-to-Total-Asset Chart

Scandinavian Tobacco Group A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.22

0.21

0.22

0.25

Scandinavian Tobacco Group A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.30	0.26	0.25	0.25

Scandinavian Tobacco Group A/S LT-Debt-to-Total-Asset Calculation

Scandinavian Tobacco Group A/S'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 )
	=	3902.5	/	15853.4
	=	0.25

Scandinavian Tobacco Group A/S'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 )
	=	4146.4	/	16328.8
	=	0.25

Scandinavian Tobacco Group A/S (OCSE:STG) 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.

Scandinavian Tobacco Group A/S LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Scandinavian Tobacco Group A/S's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group A/S (OCSE:STG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA 0RES:UK 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.