Rottneros AB (OSTO:RROS) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Rottneros 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. Rottneros AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Rottneros AB's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.02). It may suggest that Rottneros AB is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Rottneros 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.

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

Rottneros AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.18

0.06

0.03

0.02

Rottneros AB 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															0.03	0.03	0.02	0.02	0.02

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

Rottneros 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 )
	=	59	/	2817
	=	0.02

Rottneros AB'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 )
	=	51	/	2650
	=	0.02

Rottneros AB (OSTO:RROS) 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.

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

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Rottneros AB (OSTO:RROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Rottneros AB (OSTO:RROS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0H0L:UK

Address

Rottneros Bruk, Box 144, Soderhamn, SWE, 826 23

Website

https://www.rottneros.com

Rottneros AB, together with its subsidiaries, produces and sells bleached and unbleached chemical pulp as well as mechanical pulp in Europe and internationally. The pulp is used for the production of board & packaging, filters, electrotechnical applications, tissue paper, printing & printing paper and other special applications. Geographically, it derives the majority of its revenue from Europe. Rottneros also develops and sells molded fiber trays and technology for this production.

Rottneros AB (OSTO:RROS) Headlines

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