EVE Energy Co (SZSE:300014) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is EVE Energy Co 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. EVE Energy Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

EVE Energy Co's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.19). It may suggest that EVE Energy Co is progressively becoming less dependent on debt to grow their business.

EVE Energy Co LT-Debt-to-Total-Asset Historical Data

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

EVE Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.04

0.17

0.20

0.18

EVE Energy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															0.20	0.21	0.18	0.18	0.19

EVE Energy Co LT-Debt-to-Total-Asset Calculation

EVE Energy Co'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 )
	=	16525.171	/	94355.338
	=	0.18

EVE Energy Co'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 )
	=	18541.325	/	96234.366
	=	0.19

EVE Energy Co (SZSE:300014) 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.

EVE Energy Co LT-Debt-to-Total-Asset Related Terms

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EVE Energy Co (SZSE:300014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EVE Energy Co Ltd (SZSE:300014) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN

Website

http://www.evebattery.com

EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.

Executives

Liu Jian Hua	Directors, executives
Ai Xin Ping	Director
Li Mu Fen	Executives
Sang Tian	Executives
Lei Qiao Ping	Independent director
Yuan Zhong Zhi	Supervisors
Liu Jin Cheng	Director
Wang Shi Feng	Executives
Wang Yue Lin	Independent director
Tang Qiu Ying	Directors, executives
Sun Bin	Executives
Huang Wei Yan	Executives
Duan Cheng	Supervisors
Han Ji Yun	Directors, executives
Yu Dong Sheng	Executives

EVE Energy Co (SZSE:300014) Headlines

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