HydrogenPro ASA (OSL:HYPRO) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is HydrogenPro ASA 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. HydrogenPro ASA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

HydrogenPro ASA's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.02) to Mar. 2024 (0.02).

HydrogenPro ASA LT-Debt-to-Total-Asset Historical Data

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

HydrogenPro ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.85

0.02

HydrogenPro ASA Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.02	0.02	0.02	0.02	0.02

HydrogenPro ASA LT-Debt-to-Total-Asset Calculation

HydrogenPro ASA'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 )
	=	11.428	/	643.634
	=	0.02

HydrogenPro ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	13.1	/	573.136
	=	0.02

HydrogenPro ASA (OSL:HYPRO) 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.

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HydrogenPro ASA (OSL:HYPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HydrogenPro ASA (OSL:HYPRO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HYPROO:Sweden R6Z:Germany

Address

Hydrovegen 6, Porsgrunn, NOR, 3933

Website

https://www.hydrogen-pro.com

HydrogenPro AS is engaged in the designing and supplying of customized hydrogen plants. The core product of the company is the Alkaline high-pressure electrolysers.

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