Stendorren Fastigheter AB (OSTO:STEF B) LT-Debt-to-Total-Asset : 0.47 (As of Mar. 2024)

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What is Stendorren Fastigheter 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. Stendorren Fastigheter AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.47.

Stendorren Fastigheter AB's long-term debt to total assets ratio increased from Mar. 2023 (0.45) to Mar. 2024 (0.47). It may suggest that Stendorren Fastigheter AB is progressively becoming more dependent on debt to grow their business.

Stendorren Fastigheter AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stendorren Fastigheter 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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Stendorren Fastigheter AB LT-Debt-to-Total-Asset Chart

Stendorren Fastigheter AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.39

0.42

0.43

0.46

Stendorren Fastigheter 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															0.45	0.43	0.47	0.46	0.47

Stendorren Fastigheter AB LT-Debt-to-Total-Asset Calculation

Stendorren Fastigheter 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 )
	=	6085	/	13193
	=	0.46

Stendorren Fastigheter 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 )
	=	6380	/	13536
	=	0.47

Stendorren Fastigheter AB (OSTO:STEF B) 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.

Stendorren Fastigheter AB LT-Debt-to-Total-Asset Related Terms

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Stendorren Fastigheter AB (OSTO:STEF B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stendorren Fastigheter AB (OSTO:STEF B) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

STEFBs:UK

Address

Strandvägen 5a, Stockholm, SWE, 11451

Website

http://www.stendorren.se

Stendorren Fastigheter AB is a Sweden-based company engaged in the business of real estate. It owns, manages and develops warehouses, logistics, industrial facilities and office space in Greater Stockholm and Malardalen. The company through its tenant provides reasonable and appropriate premises on competitive lease terms. Its properties are located in the areas including Hogdalen, Veddesta, Upplands-Bro Rosersberg, Enkoping, Flen, and Eskilstuna.

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