YIT Oyj (YIT Oyj) Debt-to-Asset : 0.38 (As of Mar. 2024)

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What is YIT Oyj Debt-to-Asset?

YIT Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $457 Mil. YIT Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $755 Mil. YIT Oyj's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $3,159 Mil. YIT Oyj's debt to asset for the quarter that ended in Mar. 2024 was 0.38.

YIT Oyj Debt-to-Asset Historical Data

The historical data trend for YIT Oyj's Debt-to-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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YIT Oyj Debt-to-Asset Chart

YIT Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.28

0.35

0.25

0.30

0.35

YIT Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.33	0.34	0.35	0.35	0.38

Competitive Comparison of YIT Oyj's Debt-to-Asset

For the Engineering & Construction subindustry, YIT Oyj's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

YIT Oyj's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, YIT Oyj's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where YIT Oyj's Debt-to-Asset falls into.

YIT Oyj Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

YIT Oyj's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(470.011	+	619.411)	/	3088.332
	=	0.35

YIT Oyj's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(456.522	+	755.435)	/	3158.696
	=	0.38

YIT Oyj (GREY:YITYF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

YIT Oyj Debt-to-Asset Related Terms

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

YIT Oyj (YIT Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » YIT Oyj (GREY:YITYF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

YITYY:USA YITh:UK 0GKA:UK YIT:Finland YIT:Germany

Address

Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620

Website

https://www.yitgroup.com

YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.

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