HELLENiQ ENERGY Holdings (ATH:ELPE) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

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What is HELLENiQ ENERGY Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. HELLENiQ ENERGY Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

HELLENiQ ENERGY Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.19) to Dec. 2024 (0.31). It may suggest that HELLENiQ ENERGY Holdings is progressively becoming more dependent on debt to grow their business.

HELLENiQ ENERGY Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for HELLENiQ ENERGY Holdings's LT-Debt-to-Total-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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HELLENiQ ENERGY Holdings LT-Debt-to-Total-Asset Chart

HELLENiQ ENERGY Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.22

0.19

0.31

HELLENiQ ENERGY Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.17	0.20	0.27	0.31

HELLENiQ ENERGY Holdings LT-Debt-to-Total-Asset Calculation

HELLENiQ ENERGY Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2361.318	/	7754.354
	=	0.30

HELLENiQ ENERGY Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2361.318	/	7754.354
	=	0.30

HELLENiQ ENERGY Holdings (ATH:ELPE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

HELLENiQ ENERGY Holdings LT-Debt-to-Total-Asset Related Terms

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HELLENiQ ENERGY Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HELLENiQ ENERGY Holdings SA (ATH:ELPE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HLPN:Germany HLPN:Bulgaria

Address

8A Chimarras Street, Maroussi, GRC, 151 25

Website

https://www.helleniqenergy.gr

HELLENiQ ENERGY Holdings SA is an energy group company. The company's activities include Refining, Supply, and Trading; Marketing (Domestic and International); Production and Trading of Petrochemicals; Electricity Generation (from conventional and renewable energy) & Trading and Natural Gas; and Exploration and Production of Hydrocarbons and Electromobility. The company's operating segment includes Refining, Marketing, Exploration & Production, Petrochemicals, RES, Gas & Power, and Others, and the majority of its revenue is generated from the Refining segment.

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