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Green Hydrogen Systems A/S (OCSE:GREENH) Liabilities-to-Assets : 0.63 (As of Dec. 2023)


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What is Green Hydrogen Systems A/S 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. Green Hydrogen Systems A/S's Total Liabilities for the quarter that ended in Dec. 2023 was kr1,484.20 Mil. Green Hydrogen Systems A/S's Total Assets for the quarter that ended in Dec. 2023 was kr2,366.02 Mil. Therefore, Green Hydrogen Systems A/S's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.63.


Green Hydrogen Systems A/S Liabilities-to-Assets Historical Data

The historical data trend for Green Hydrogen Systems A/S'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.

Green Hydrogen Systems A/S Liabilities-to-Assets Chart

Green Hydrogen Systems A/S Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.50 1.02 0.10 0.44 0.63

Green Hydrogen Systems A/S Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.27 0.44 0.63 0.63

Competitive Comparison of Green Hydrogen Systems A/S's Liabilities-to-Assets

For the Utilities - Renewable subindustry, Green Hydrogen Systems A/S'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.


Green Hydrogen Systems A/S's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Hydrogen Systems A/S's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Green Hydrogen Systems A/S's Liabilities-to-Assets falls into.



Green Hydrogen Systems A/S 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.

Green Hydrogen Systems A/S'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
=1484.197/2366.022
=0.63

Green Hydrogen Systems A/S's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1484.197/2366.022
=0.63

* 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.


Green Hydrogen Systems A/S  (OCSE:GREENH) 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.


Green Hydrogen Systems A/S Liabilities-to-Assets Related Terms

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Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Traded in Other Exchanges
Address
Nordager 21, Kolding, DNK, DK-6000
Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

Green Hydrogen Systems A/S (OCSE:GREENH) Headlines

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