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Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Liabilities-to-Assets : 0.01 (As of Dec. 2023)


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What is Ecofin US Renewables Infrastructure Trust Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Ecofin US Renewables Infrastructure Trust's Total Liabilities for the quarter that ended in Dec. 2023 was $0.80 Mil. Ecofin US Renewables Infrastructure Trust's Total Assets for the quarter that ended in Dec. 2023 was $118.45 Mil. Therefore, Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.01.


Ecofin US Renewables Infrastructure Trust Liabilities-to-Assets Historical Data

The historical data trend for Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets 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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Ecofin US Renewables Infrastructure Trust Liabilities-to-Assets Chart

Ecofin US Renewables Infrastructure Trust Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
- 0.01 0.01

Ecofin US Renewables Infrastructure Trust Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets - 0.01 - 0.01

Competitive Comparison of Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets

For the Asset Management subindustry, Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets falls into.



Ecofin US Renewables Infrastructure Trust Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.795/118.454
=0.01

Ecofin US Renewables Infrastructure Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.795/118.454
=0.01

* 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.


Ecofin US Renewables Infrastructure Trust  (LSE:RNEW) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Ecofin US Renewables Infrastructure Trust Liabilities-to-Assets Related Terms

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Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Business Description

Traded in Other Exchanges
N/A
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Ecofin US Renewables Infrastructure Trust PLC is a closed-ended investment company. Its investment objective is to provide its shareholders with an attractive level of current distributions by investing in a diversified portfolio of mixed renewable energy and sustainable infrastructure assets.

Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Headlines