Ponsse Oyj (OHEL:PON1V) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is Ponsse Oyj 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. Ponsse Oyj's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Ponsse Oyj's long-term debt to total assets ratio increased from Mar. 2023 (0.09) to Mar. 2024 (0.12). It may suggest that Ponsse Oyj is progressively becoming more dependent on debt to grow their business.

Ponsse Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ponsse Oyj'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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Ponsse Oyj LT-Debt-to-Total-Asset Chart

Ponsse Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.10

0.07

0.11

Ponsse Oyj 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															0.09	0.08	0.10	0.11	0.12

Ponsse Oyj LT-Debt-to-Total-Asset Calculation

Ponsse Oyj'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 )
	=	66.637	/	606.011
	=	0.11

Ponsse Oyj'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 )
	=	67.611	/	557.212
	=	0.12

Ponsse Oyj (OHEL:PON1V) 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.

Ponsse Oyj LT-Debt-to-Total-Asset Related Terms

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Ponsse Oyj (OHEL:PON1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ponsse Oyj (OHEL:PON1V) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PNS:Germany

Address

Ponssentie 22, Vierema, FIN, FI-74200

Website

https://www.ponsse.com

Ponsse Oyj is engaged in the development, manufacture, sales, designing, and servicing of forest machines, other metal products, machine control systems, vehicle PC equipment, and different types of separate systems and software. The company's products include harvesters, forwarders, dual machines, harvester heads, cranes and loaders, information systems, and bioenergy products. The company divides its business activities into four geographical segments, namely Northern Europe, Central & Southern Europe, North & South America and Other countries.

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