FREYR Battery (FREYR Battery) Debt-to-Asset : 0.03 (As of Sep. 2023)

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What is FREYR Battery Debt-to-Asset?

FREYR Battery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.21 Mil. FREYR Battery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $18.35 Mil. FREYR Battery's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $738.83 Mil. FREYR Battery's debt to asset for the quarter that ended in Sep. 2023 was 0.03.

FREYR Battery Debt-to-Asset Historical Data

The historical data trend for FREYR Battery'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.

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FREYR Battery Debt-to-Asset Chart

FREYR Battery Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Asset

0.02

FREYR Battery Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial								0.02	0.02	0.03	0.03	0.03

Competitive Comparison of FREYR Battery's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, FREYR Battery'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.

FREYR Battery's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FREYR Battery's Debt-to-Asset distribution charts can be found below:

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

FREYR Battery Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

FREYR Battery'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
	=	(3.257	+	11.144)	/	827.698
	=	0.02

FREYR Battery'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
	=	(3.212	+	18.353)	/	738.828
	=	0.03

FREYR Battery (NYSE:FREY) 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.

FREYR Battery Debt-to-Asset Related Terms

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FREYR Battery (FREYR Battery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FREYR Battery Inc (NYSE:FREY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

T2T:Germany T2T:Germany

Address

Boulevard Royal, 22-24, Level 2449, Luxembourg, LUX, L-2449

Website

https://www.freyrbattery.com

FREYR Battery Inc is an emerging producer of clean battery solutions for the planet. It designs and manufactures high-density and cost-competitive lithium-ion batteries with a reduced carbon footprint for the markets for electric mobility, stationary energy storage, and marine and aviation applications.