Alexandria Group Oyj (OHEL:ALEX) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Alexandria Group Oyj 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. Alexandria Group Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Alexandria Group Oyj's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.06). It may suggest that Alexandria Group Oyj is progressively becoming less dependent on debt to grow their business.

Alexandria Group Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alexandria Group Oyj'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.

Alexandria Group Oyj LT-Debt-to-Total-Asset Chart

Alexandria Group Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.31

0.16

0.11

0.08

0.06

Alexandria Group Oyj Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.11	0.15	0.08	0.08	0.06

Alexandria Group Oyj LT-Debt-to-Total-Asset Calculation

Alexandria Group Oyj'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 )
	=	2.867	/	45.081
	=	0.06

Alexandria Group Oyj'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 )
	=	2.867	/	45.081
	=	0.06

Alexandria Group Oyj (OHEL:ALEX) 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.

Alexandria Group Oyj LT-Debt-to-Total-Asset Related Terms

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

Alexandria Group Oyj (OHEL:ALEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alexandria Group Oyj (OHEL:ALEX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

3ZL:Germany

Address

Etelaesplanadi 22 A, Helsinki, FIN, 00130

Website

https://www.alexandria.fi

Alexandria Group Oyj formerly Alexandria Pankkiiriliike Oyj is a investment service company in Finland. It specializes in high-quality investment and savings solutions.