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2G Energy AG (XTER:2GB) Debt-to-Asset : 0.04 (As of Dec. 2023)


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What is 2G Energy AG Debt-to-Asset?

2G Energy AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.7 Mil. 2G Energy AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.6 Mil. 2G Energy AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €227.5 Mil. 2G Energy AG's debt to asset for the quarter that ended in Dec. 2023 was 0.04.

2G Energy AG Debt-to-Asset Historical Data

The historical data trend for 2G Energy AG'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.

2G Energy AG Debt-to-Asset Chart

2G Energy AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.04 0.03 0.03 0.04

2G Energy AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.03 0.05 0.03 0.05 0.04

Competitive Comparison of 2G Energy AG's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, 2G Energy AG'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.

2G Energy AG's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 2G Energy AG's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where 2G Energy AG's Debt-to-Asset falls into.


2G Energy AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

2G Energy AG'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
=(2.708 + 5.599) / 227.454
=0.04

2G Energy AG'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
=(2.708 + 5.599) / 227.454
=0.04

* 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.

2G Energy AG  (XTER:2GB) 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.

2G Energy AG Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of 2G Energy AG's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

2G Energy AG (XTER:2GB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 2G Energy AG (XTER:2GB) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
2GB:Germany 2GB:Germany
Address
Benzstrasse 3, Heek, NW, DEU, 48619
Website
https://www.2-g.de
2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.
Executives
Dr. Lukas Lenz Supervisory Board

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