EQTEC (FRA:KEU) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

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

EQTEC's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.05). It may suggest that EQTEC is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for EQTEC'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.

EQTEC LT-Debt-to-Total-Asset Chart

EQTEC Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.02

EQTEC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.02	0.05

EQTEC LT-Debt-to-Total-Asset Calculation

EQTEC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	1.065	/	49.624
	=	0.02

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

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	2.652	/	50.687
	=	0.05

EQTEC (FRA:KEU) 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.

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

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

EQTEC (FRA:KEU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EQTEC PLC (FRA:KEU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EQT:UK

Address

Building 1000, City Gate, Mahon, Cork, IRL, T12 W7CV

Website

https://www.eqtec.com

EQTEC PLC is a developer of clean energy infrastructure focused on reducing greenhouse gas emissions and wastes through gasification technologies. The company provides solutions to manage rising levels of waste and meet the growing demand for clean energy the group design and supplies advanced gasification solutions and have a higher efficiency product offering that is modular and scalable from 1MW to 30MW and the solutions produce synthesis gas (syngas), that can be used for the widest applications in the generation of clean energy, hydrogen, and biofuels, enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG, and other energy production.

EQTEC (FRA:KEU) Headlines

No Headlines