Cloudberry Clean Energy ASA (FRA:52K) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2024)

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What is Cloudberry Clean Energy ASA 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. Cloudberry Clean Energy ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.26.

Cloudberry Clean Energy ASA's long-term debt to total assets ratio increased from Dec. 2023 (0.22) to Dec. 2024 (0.26). It may suggest that Cloudberry Clean Energy ASA is progressively becoming more dependent on debt to grow their business.

Cloudberry Clean Energy ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cloudberry Clean Energy ASA'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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Cloudberry Clean Energy ASA LT-Debt-to-Total-Asset Chart

Cloudberry Clean Energy ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.10

0.08

0.22

0.26

Cloudberry Clean Energy ASA Quarterly Data
	Dec19	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															0.22	0.23	0.24	0.24	0.26

Cloudberry Clean Energy ASA LT-Debt-to-Total-Asset Calculation

Cloudberry Clean Energy ASA'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 )
	=	153.373	/	598.173
	=	0.26

Cloudberry Clean Energy ASA'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 )
	=	153.373	/	598.173
	=	0.26

Cloudberry Clean Energy ASA (FRA:52K) 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.

Cloudberry Clean Energy ASA LT-Debt-to-Total-Asset Related Terms

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Cloudberry Clean Energy ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cloudberry Clean Energy ASA (FRA:52K) » Definitions » LT-Debt-to-Total-Asset

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CLOUDo:Sweden CLOUD:Norway

Address

Froyas gate 15, Oslo, NOR, NO-0273

Website

https://www.cloudberry.no

Cloudberry Clean Energy ASA is a Nordic energy company that owns, develops, and operates hydropower and wind power plants in Norway and Sweden. The company produces renewable energy for future generations, with an ambition to develop a sustainable society and create value for stakeholders. The company has four segments Projects, Commercial, Asset Management and Corporate.

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