Exmar NV (LTS:0EEV) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Exmar NV 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. Exmar NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.24.

Exmar NV's long-term debt to total assets ratio increased from Dec. 2022 (0.14) to Dec. 2023 (0.24). It may suggest that Exmar NV is progressively becoming more dependent on debt to grow their business.

Exmar NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Exmar NV'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.

Exmar NV LT-Debt-to-Total-Asset Chart

Exmar NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.30

0.31

0.14

0.24

Exmar NV Semi-Annual Data
	Jun14	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															0.31	0.24	0.14	0.14	0.24

Exmar NV LT-Debt-to-Total-Asset Calculation

Exmar NV'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 )
	=	201.586	/	849.998
	=	0.24

Exmar NV'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 )
	=	201.586	/	849.998
	=	0.24

Exmar NV (LTS:0EEV) 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.

Exmar NV LT-Debt-to-Total-Asset Related Terms

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

Exmar NV (LTS:0EEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exmar NV (LTS:0EEV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EXMRF:USA 1EX:Germany EXM:Belgium

Address

De Gerlachekaai 20, Antwerpen, BEL, 2000

Website

https://www.exmar.com

Exmar NV is a liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carrier. It provides industrial marine and energy logistical solutions for transport, regasification and liquefaction within the oil and gas industry. The company has three reportable segments: Shipping, Infrastructure, and Supporting services. The activities in the shipping segment include the transportation of liquefied gas products such as Liquid Petroleum Gas, anhydrous ammonia and petrochemical gases; The infrastructure segment includes LNG infrastructure and Offshore and the segment supporting services include the specialized supporting services such as ship management services and travel agency services. Majority of the revenue is generated from Shipping segment.

Exmar NV (LTS:0EEV) Headlines

No Headlines