Saxlund Group AB (OSTO:SAXG) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Saxlund Group 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. Saxlund Group AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Saxlund Group AB's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.05). It may suggest that Saxlund Group AB is progressively becoming more dependent on debt to grow their business.

Saxlund Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Saxlund Group 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.

Saxlund Group AB LT-Debt-to-Total-Asset Chart

Saxlund Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.05

0.03

0.02

Saxlund Group 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															0.02	0.02	0.01	0.02	0.05

Saxlund Group AB LT-Debt-to-Total-Asset Calculation

Saxlund Group 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 )
	=	4.466	/	198.561
	=	0.02

Saxlund Group 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 )
	=	12.5	/	231.416
	=	0.05

Saxlund Group AB (OSTO:SAXG) 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.

Saxlund Group AB LT-Debt-to-Total-Asset Related Terms

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

Saxlund Group AB (OSTO:SAXG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saxlund Group AB (OSTO:SAXG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fannys Vag 3, Nacka, SWE, 131 54

Website

http://www.saxlund.se

Saxlund Group AB is an environmental technology company. The company develops, manufactures and services plants and equipment for the production of environmentally-friendly and resource-efficient energy.

Saxlund Group AB (OSTO:SAXG) Headlines

No Headlines