Energy Recovery (Energy Recovery) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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What is Energy Recovery 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. Energy Recovery's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

Energy Recovery's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.05). It may suggest that Energy Recovery is progressively becoming less dependent on debt to grow their business.

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

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

Energy Recovery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.08

0.07

0.06

0.05

Energy Recovery Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.06	0.05	0.05

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

Energy Recovery'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 )
	=	11.488	/	252.974
	=	0.05

Energy Recovery'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 )
	=	11.488	/	252.974
	=	0.05

Energy Recovery (NAS:ERII) 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.

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

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Energy Recovery (Energy Recovery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energy Recovery Inc (NAS:ERII) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5E2:Germany 500:Germany

Address

1717 Doolittle Drive, San Leandro, CA, USA, 94577

Website

https://www.energyrecovery.com

Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.

Executives

Joshua Ballard	officer: Chief Financial Officer	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joan Kai Chow	director	215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R	director	9921 MONTIANO DRIVE, NAPLES FL 34113
David W Moon	director	2800 BELCLAIRE DRIVE, FRISCO TX 75034
Mao Robert Yu Lang	director	2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Pamela L. Tondreau	director	198 CHAMPION COURT, SAN JOSE CA 95134
Farshad Ghasripoor	officer: Chief Technology Officer	1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
William Yeung	officer: General Counsel	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Rodney Clemente	officer: VP, Global Desalination Sales	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit	director	C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Lisa A Pollina	director	950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda	director	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler	director	C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen	10 percent owner	POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith	officer: VP, Marketing	1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577