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Electroarges (BSE:ELGS) Debt-to-Asset : 0.17 (As of Sep. 2023)


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What is Electroarges Debt-to-Asset?

Electroarges's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was lei11.44 Mil. Electroarges's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was lei7.02 Mil. Electroarges's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was lei106.24 Mil. Electroarges's debt to asset for the quarter that ended in Sep. 2023 was 0.17.


Electroarges Debt-to-Asset Historical Data

The historical data trend for Electroarges'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.

Electroarges Debt-to-Asset Chart

Electroarges Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.15 0.16 0.19 0.20

Electroarges Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.20 0.13 0.16 0.17

Competitive Comparison of Electroarges's Debt-to-Asset

For the Consumer Electronics subindustry, Electroarges'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.


Electroarges's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electroarges's Debt-to-Asset distribution charts can be found below:

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



Electroarges Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Electroarges's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(11.463 + 12.3) / 122.046
=0.19

Electroarges's Debt-to-Asset for the quarter that ended in Sep. 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
=(11.436 + 7.016) / 106.244
=0.17

* 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.


Electroarges  (BSE:ELGS) 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.


Electroarges Debt-to-Asset Related Terms

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Electroarges (BSE:ELGS) Business Description

Traded in Other Exchanges
N/A
Address
Strada Albesti No. 12, Judetul Arges, Curtea de Arges, ROU, 115300
Electroarges SA manufactures electric domestic appliances. It produced and sale of consumer electrotechnical goods, portable electrical tools, execution of works, and provision of services. The products are used in household items and professional items for hotels and industrial purposes. Its products include dust and liquids vacuum cleaner, electric fan heater, EGG incubator and others.

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