Eneco Energy (SGX:R14) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Eneco 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. Eneco Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

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

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

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

Eneco Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.26

0.17

0.03

0.12

Eneco Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.06	0.03	0.06	0.12

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

Eneco Energy'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 )
	=	3.673	/	31.484
	=	0.12

Eneco 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 )
	=	3.673	/	31.484
	=

Eneco Energy (SGX:R14) 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.

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

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Eneco Energy (SGX:R14) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eneco Energy Ltd (SGX:R14) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

300 Tampines Avenue 5, No. 05-02, Singapore, SGP, 529653

Website

https://www.enecoenergy.com

Eneco Energy Ltd is an investment holding company. It operates in four segments: oil and gas, logistics (Indonesia), logistics (Singapore), and corporate. The majority of its revenue is derived from the Logistics segment, which comprises transportation management and air cargo terminal handling services. The company's geographical segments are Singapore and Indonesia.

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