Tlou Energy (ASX:TOU) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

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What is Tlou Energy 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. Tlou Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Tlou Energy's long-term debt to total assets ratio increased from Dec. 2022 (0.12) to Dec. 2023 (0.17). It may suggest that Tlou Energy is progressively becoming more dependent on debt to grow their business.

Tlou Energy LT-Debt-to-Total-Asset Historical Data

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

Tlou Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.12

0.14

Tlou Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														-	0.12	0.12	0.14	0.17

Tlou Energy LT-Debt-to-Total-Asset Calculation

Tlou Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	10.124	/	71.627
	=

Tlou Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	12.018	/	71.283
	=

Tlou Energy (ASX:TOU) 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.

Tlou Energy LT-Debt-to-Total-Asset Related Terms

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Tlou Energy (ASX:TOU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tlou Energy Ltd (ASX:TOU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TLOU:UK 55L:Germany TLOU:Botswana

Address

210 Alice Street, Brisbane, QLD, AUS, 4000

Website

https://www.tlouenergy.com

Tlou Energy Ltd is an Australia-based company. Its principal business includes the exploration and evaluation of Coalbed Methane (CBM) natural gas and the development of solar power generation. CBM and solar power can operate as standalone projects or as a hybrid solar and gas solution to provide cleaner baseload power.

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