M Vest Water AS (OSL:MVW) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is M Vest Water AS 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. M Vest Water AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

M Vest Water AS's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.04). It may suggest that M Vest Water AS is progressively becoming less dependent on debt to grow their business.

M Vest Water AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for M Vest Water AS'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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M Vest Water AS LT-Debt-to-Total-Asset Chart

M Vest Water AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.75

0.28

0.03

0.02

M Vest Water AS Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.07	0.07	0.06	0.02	0.04

M Vest Water AS LT-Debt-to-Total-Asset Calculation

M Vest Water AS'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 )
	=	0.75	/	42.675
	=	0.02

M Vest Water AS'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 )
	=	1.596	/	39.483
	=	0.04

M Vest Water AS (OSL:MVW) 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.

M Vest Water AS LT-Debt-to-Total-Asset Related Terms

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M Vest Water AS (OSL:MVW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » M Vest Water AS (OSL:MVW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Espehaugen 54, Blomsterdalen, Bergen, NOR, 5258

Website

https://www.mvestwater.com

M Vest Water AS is an environmental technology company that has developed unique products and solutions for the water treatment industry, both in Industrial as well as Municipal markets. It is engaged in providing products and equipment utilized for the treatment and purification of water and wastewater. The company focuses on the oil and gas industry, although the available technology can be applied for cleaning water across various industries. The product portfolio of the company comprises of NorwaFloc, NORWAPOL, and AFM.

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