GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Heramba Electric PLC (NAS:PITA) » Definitions » Debt-to-Asset

PITA (Heramba Electric) Debt-to-Asset : 1.82 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Heramba Electric Debt-to-Asset?

Heramba Electric's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.09 Mil. Heramba Electric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Heramba Electric's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $2.79 Mil. Heramba Electric's debt to asset for the quarter that ended in Dec. 2023 was 1.82.

Heramba Electric Debt-to-Asset Historical Data

The historical data trend for Heramba Electric's Debt-to-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.

Heramba Electric Debt-to-Asset Chart

Heramba Electric Annual Data
Trend Dec22 Dec23
Debt-to-Asset
- 1.82

Heramba Electric Semi-Annual Data
Dec22 Jun23 Dec23
Debt-to-Asset - 1.00 1.82

Competitive Comparison of Heramba Electric's Debt-to-Asset

For the Industrial Distribution subindustry, Heramba Electric's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heramba Electric's Debt-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Heramba Electric's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Heramba Electric's Debt-to-Asset falls into.


;
;

Heramba Electric Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Heramba Electric's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(5.091 + 0) / 2.794
=1.82

Heramba Electric's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(5.091 + 0) / 2.794
=1.82

* 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.

Heramba Electric  (NAS:PITA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Heramba Electric Debt-to-Asset Related Terms

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

Heramba Electric Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Heramba Electric PLC (NAS:PITA) » Definitions » Debt-to-Asset
Comparable Companies
GWW FAST FERG WSO POOL OSTO:INDT CNM AIT ASX:REH WCC OSTO:ADDT B LSE:DPLM BECN TSX:TIH SITE WBO:ANDR MSM TSX:FTT LSE:RS1 REZI
Traded in Other Exchanges
N/A
Address
Kiepe Platz 1, Dusseldorf, NW, DEU, D-40599
Website
https://www.kiepe-elektrik.com
Heramba Electric PLC provides electric mobility products and solutions for rail vehicles and buses. It offers its services to public transport companies, fleet operators and vehicle manufacturers as a solution designer and system integrator of electrical systems for rail vehicle systems (including trams, light rail vehicles, metros, regional trains and locomotives) and electrical vehicle systems (including electric buses, such as pure electric In Motion Charging trolley buses and battery electric buses). As an electrical engineering specialist, the Company supplies urban operators and rail vehicle and bus manufacturers with electrical systems for ecologically sustainable and emission-free public transportation solutions.