Technip Energies NV (Technip Energies NV) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Technip Energies 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. Technip Energies NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Technip Energies NV's long-term debt to total assets ratio increased from Dec. 2022 (0.09) to Dec. 2023 (0.09). It may suggest that Technip Energies NV is progressively becoming more dependent on debt to grow their business.

Technip Energies NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Technip Energies 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.

Technip Energies NV LT-Debt-to-Total-Asset Chart

Technip Energies NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.10

0.09

Technip Energies NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.10	0.10	0.09	0.09	0.09

Technip Energies NV LT-Debt-to-Total-Asset Calculation

Technip Energies 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 )
	=	869.902	/	9454.198
	=	0.09

Technip Energies 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 )
	=	869.902	/	9454.198
	=	0.09

Technip Energies NV (OTCPK:THNPY) 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.

Technip Energies NV LT-Debt-to-Total-Asset Related Terms

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

Technip Energies NV (Technip Energies NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (OTCPK:THNPY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

THNPF:USA TEp:UK TE:France 68F:Germany

Address

2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741

Website

https://www.technipenergies.com

Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.

Technip Energies NV (Technip Energies NV) Headlines

From GuruFocus

Technip Energies: An Energy Transition Leader

By The City Letter • 08-25-2023