GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alleima AB (OTCPK:SAMHF) » Definitions » LT-Debt-to-Total-Asset

Alleima AB (Alleima AB) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Alleima 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. Alleima AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Alleima AB's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.05). It may suggest that Alleima AB is progressively becoming more dependent on debt to grow their business.


Alleima AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alleima 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.

* Premium members only.

Alleima AB LT-Debt-to-Total-Asset Chart

Alleima AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.03 0.01 0.01 0.01 0.02

Alleima AB Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.02 0.05

Alleima AB LT-Debt-to-Total-Asset Calculation

Alleima 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 )
=36.948/2241.85
=0.02

Alleima 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 )
=107.96/2227.484
=0.05

* 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.


Alleima AB  (OTCPK:SAMHF) 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.


Alleima AB LT-Debt-to-Total-Asset Related Terms

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


Alleima AB (Alleima AB) Business Description

Traded in Other Exchanges
Address
Storgatan 2, Sandviken, SWE, SE-811 81
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

Alleima AB (Alleima AB) Headlines