Olink Holding AB (Olink Holding AB) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Olink Holding 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. Olink Holding AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Olink Holding AB's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.04). It may suggest that Olink Holding AB is progressively becoming more dependent on debt to grow their business.

Olink Holding AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Olink Holding 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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Olink Holding AB LT-Debt-to-Total-Asset Chart

Olink Holding AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.16

0.15

0.01

0.02

0.04

Olink Holding AB Quarterly Data
	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													0.01	0.01	0.04	0.04	0.04

Olink Holding AB LT-Debt-to-Total-Asset Calculation

Olink Holding 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 )
	=	22.765	/	602.252
	=	0.04

Olink Holding 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 )
	=	22.061	/	542.955
	=	0.04

Olink Holding AB (NAS:OLK) 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.

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Olink Holding AB (Olink Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Olink Holding AB (NAS:OLK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6XA:Germany

Address

Uppsala Science Park, Uppsala, SWE, SE-75183

Website

https://www.olink.com

Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.