FOM Technologies A/S (OCSE:FOM) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is FOM Technologies A/S 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. FOM Technologies A/S's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

FOM Technologies A/S's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.07). It may suggest that FOM Technologies A/S is progressively becoming more dependent on debt to grow their business.

FOM Technologies A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for FOM Technologies A/S'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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FOM Technologies A/S LT-Debt-to-Total-Asset Chart

FOM Technologies A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

FOM Technologies A/S Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						-	-	-	0.13	0.07

FOM Technologies A/S LT-Debt-to-Total-Asset Calculation

FOM Technologies A/S'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 )
	=	6.977	/	99.915
	=	0.07

FOM Technologies A/S's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	6.977	/	99.915
	=	0.07

FOM Technologies A/S (OCSE:FOM) 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.

FOM Technologies A/S LT-Debt-to-Total-Asset Related Terms

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FOM Technologies A/S (OCSE:FOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FOM Technologies A/S (OCSE:FOM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Artillerivej 86, 1, Copenhagen, DNK, 2300

Website

https://www.fomtechnologies.com

FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

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