Abengoa (Abengoa) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2020)

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What is Abengoa 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. Abengoa's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.09.

Abengoa's long-term debt to total assets ratio declined from Sep. 2019 (0.24) to Dec. 2020 (0.09). It may suggest that Abengoa is progressively becoming less dependent on debt to grow their business.

Abengoa LT-Debt-to-Total-Asset Historical Data

The historical data trend for Abengoa'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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Abengoa LT-Debt-to-Total-Asset Chart

Abengoa Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.03

0.26

0.08

0.09

Abengoa Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.09	0.09	0.11	0.09

Abengoa LT-Debt-to-Total-Asset Calculation

Abengoa's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	286.819	/	3240.484
	=	0.09

Abengoa's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	286.819	/	3240.484
	=

Abengoa (OTCPK:ABGOF) 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.

Abengoa LT-Debt-to-Total-Asset Related Terms

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Abengoa (Abengoa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Abengoa SA (OTCPK:ABGOF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Energia Solar Street, Campus Palmas Altas, Sevilla, ESP, 41014

Website

http://www.abengoa.es

Abengoa SA together with its subsidiaries provides technology solutions for the energy and environment sectors in Spain and rest of Europe, North America, Brazil and the rest of South America, and internationally. The company operates two activities which are Engineering and construction which includes the traditional engineering business in the energy and water sectors; Concession-type infrastructures include the operation of electric energy generation plants, desalination plants, and transmission lines. Engineering and construction generate most of the revenue.

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