Eco Wave Power Global AB (Eco Wave Power Global AB) Debt-to-Asset : 0.12 (As of Dec. 2023)

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

What is Eco Wave Power Global AB Debt-to-Asset?

Eco Wave Power Global AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.12 Mil. Eco Wave Power Global AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil. Eco Wave Power Global AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $10.01 Mil. Eco Wave Power Global AB's debt to asset for the quarter that ended in Dec. 2023 was 0.12.

Eco Wave Power Global AB Debt-to-Asset Historical Data

The historical data trend for Eco Wave Power Global AB'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.

Eco Wave Power Global AB Debt-to-Asset Chart

Eco Wave Power Global AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.11

0.08

0.10

0.12

Eco Wave Power Global AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.10	0.11	0.12	0.12	0.12

Competitive Comparison of Eco Wave Power Global AB's Debt-to-Asset

For the Utilities - Renewable subindustry, Eco Wave Power Global AB'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.

Eco Wave Power Global AB's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eco Wave Power Global AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Eco Wave Power Global AB's Debt-to-Asset falls into.

Eco Wave Power Global AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Eco Wave Power Global AB'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
	=	(1.123	+	0.078)	/	10.009
	=	0.12

Eco Wave Power Global AB'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
	=	(1.123	+	0.078)	/	10.009
	=	0.12

Eco Wave Power Global AB (NAS:WAVE) 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.

Eco Wave Power Global AB Debt-to-Asset Related Terms

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

Eco Wave Power Global AB (Eco Wave Power Global AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Eco Wave Power Global AB (NAS:WAVE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

1KW0:Germany

Address

52 Derech Menachem Begin Street, Tel Aviv, ISR, 6713701

Website

https://www.ecowavepower.com

Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographical presence in Israel, USA and Mexico.