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Greencoat Renewables (LSE:GRP) Liabilities-to-Assets : 0.40 (As of Dec. 2022)


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What is Greencoat Renewables Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Greencoat Renewables's Total Liabilities for the quarter that ended in Dec. 2022 was €854.2 Mil. Greencoat Renewables's Total Assets for the quarter that ended in Dec. 2022 was €2,136.7 Mil. Therefore, Greencoat Renewables's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.40.


Greencoat Renewables Liabilities-to-Assets Historical Data

The historical data trend for Greencoat Renewables's Liabilities-to-Assets 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.

Greencoat Renewables Liabilities-to-Assets Chart

Greencoat Renewables Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.24 0.22 0.34 0.40 0.50

Greencoat Renewables Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.40 0.34 0.38 0.40 0.50

Competitive Comparison of Greencoat Renewables's Liabilities-to-Assets

For the Utilities - Renewable subindustry, Greencoat Renewables's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Greencoat Renewables's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Greencoat Renewables's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Greencoat Renewables's Liabilities-to-Assets falls into.



Greencoat Renewables Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Greencoat Renewables's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1259.983/2539.344
=0.50

Greencoat Renewables's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=854.244/2136.701
=0.40

* 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.


Greencoat Renewables  (LSE:GRP) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Greencoat Renewables Liabilities-to-Assets Related Terms

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Greencoat Renewables (LSE:GRP) Business Description

Traded in Other Exchanges
Address
Riverside One, Sir John Rogerson's Quay, Dublin, IRL, 2
Greencoat Renewables PLC is a sector-focused listed renewable infrastructure company, investing in renewable electricity generation assets, with an initial focus on wind assets in Ireland. The company's focus is on the large secondary markets of continental Europe where it sees a significant opportunity to aggregate operating renewable energy generation assets. The company aims to provide investors with an annual dividend that increases progressively whilst growing the capital value of its investment portfolio in the long term through reinvestment of excess cash flow and the prudent use of portfolio leverage.

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