Eguana Technologies (Eguana Technologies) LT-Debt-to-Total-Asset : 0.90 (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Eguana Technologies 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. Eguana Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.90.

Eguana Technologies's long-term debt to total assets ratio increased from Jun. 2022 (0.34) to Sep. 2023 (0.90). It may suggest that Eguana Technologies is progressively becoming more dependent on debt to grow their business.

Eguana Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eguana Technologies'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.

* Premium members only.

Eguana Technologies LT-Debt-to-Total-Asset Chart

Eguana Technologies Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.01

0.70

0.97

2.07

Eguana Technologies Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.69	0.69	0.81	0.90

Eguana Technologies LT-Debt-to-Total-Asset Calculation

Eguana Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (A: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2020 )	/	Total Assets (A: Sep. 2020 )
	=	5.927	/	2.866
	=	2.07

Eguana Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	22.912	/	25.556
	=	0.90

Eguana Technologies (OTCPK:EGTYF) 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.

Eguana Technologies LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Eguana Technologies's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Eguana Technologies (Eguana Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eguana Technologies Inc (OTCPK:EGTYF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EGT:Canada

Address

3636 7th Street S.E., Calgary, AB, CAN, T2G 2Y8

Website

https://www.eguanatech.com

Eguana Technologies Inc designs, markets, manufactures, and sells residential and small commercial energy storage systems. The company offers power electronics for fuel cell, photovoltaic, and battery applications from manufacturing facilities in North America, Australia, and Europe. The product lines of the company are based on a proprietary and patented, software-driven, power control technology platform for residential and commercial markets. This standardized platform supports market-specific products that are certified and optimized for use in all markets.