Swedish Stirling AB (OSTO:STRLNG) LT-Debt-to-Total-Asset : 1.11 (As of Dec. 2022)

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What is Swedish Stirling 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. Swedish Stirling AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 1.11.

Swedish Stirling AB's long-term debt to total assets ratio increased from Dec. 2021 (0.12) to Dec. 2022 (1.11). It may suggest that Swedish Stirling AB is progressively becoming more dependent on debt to grow their business.

Swedish Stirling AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Swedish Stirling 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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Swedish Stirling AB LT-Debt-to-Total-Asset Chart

Swedish Stirling AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.07

0.34

0.14

0.12

1.11

Swedish Stirling AB Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.14	0.23	1.11

Swedish Stirling AB LT-Debt-to-Total-Asset Calculation

Swedish Stirling AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	57.749	/	52.062
	=	1.11

Swedish Stirling AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	57.749	/	52.062
	=	1.11

Swedish Stirling AB (OSTO:STRLNG) 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.

Swedish Stirling AB LT-Debt-to-Total-Asset Related Terms

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Swedish Stirling AB (OSTO:STRLNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Swedish Stirling AB (OSTO:STRLNG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Gruvgatan 35 B, Vastra Frolunda, Gothenburg, SWE, 421 30

Website

https://www.swedishstirling.com

Swedish Stirling AB has developed a hybridized Stirling engine based on a license from Kockums AB. The Stirling engine forms the basis of the company's products Ripasso Stirling Hybrid and PWR BLOK. The Ripasso Stirling Hybrid is a solar hybrid where energy from the sun is supplemented with some other fuel during the dark hours of the day. PWR BLOK is the product from Ripasso Energy towards the market for residual gas.

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