Evergent Investments (BSE:EVER) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Evergent Investments 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. Evergent Investments's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Evergent Investments's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.03). It may suggest that Evergent Investments is progressively becoming more dependent on debt to grow their business.

Evergent Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for Evergent Investments'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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Evergent Investments LT-Debt-to-Total-Asset Chart

Evergent Investments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.03

Evergent Investments Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.01	0.01	0.01	0.01	0.03

Evergent Investments LT-Debt-to-Total-Asset Calculation

Evergent Investments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	85.15	/	3028.371
	=	0.03

Evergent Investments's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	85.15	/	3028.371
	=	0.03

Evergent Investments (BSE:EVER) 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.

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Evergent Investments (BSE:EVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Evergent Investments SA (BSE:EVER) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Pictor Aman Street 94 C, Bacau, ROU, 600164

Website

https://www.evergent.ro

Evergent Investments SA is a Romanian financial investment company. The group has five reporting segments which include financial investment services, manufacture and sale of agricultural machinery, real estate development (apartments, including parking spaces), cultivation of fruit-bearing trees (blueberries), and Others.