Aton Green Storage SpA (FRA:6E6) LT-Debt-to-Total-Asset : 0.32 (As of Jun. 2024)

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What is Aton Green Storage SpA 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. Aton Green Storage SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.32.

Aton Green Storage SpA's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.32). It may suggest that Aton Green Storage SpA is progressively becoming more dependent on debt to grow their business.

Aton Green Storage SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aton Green Storage SpA'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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Aton Green Storage SpA LT-Debt-to-Total-Asset Chart

Aton Green Storage SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.18

0.13

0.27

0.34

Aton Green Storage SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.27	-	0.34	0.32	-

Aton Green Storage SpA LT-Debt-to-Total-Asset Calculation

Aton Green Storage SpA'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 )
	=	22.355	/	66.321
	=	0.34

Aton Green Storage SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	20.088	/	63.18
	=	0.32

Aton Green Storage SpA (FRA:6E6) 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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Aton Green Storage SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aton Green Storage SpA (FRA:6E6) » Definitions » LT-Debt-to-Total-Asset

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ATON:Italy

Address

Via Guido Rossa, 5, Spilamberto, Modena, ITA, 41057

Website

https://www.atonstorage.com

Aton Green Storage SpA is an Italian company in the market for the engineering and production of storage systems for photovoltaic systems - Battery Energy Storage System. Its products include RA. Store-K, RA.Store-3, Zon.IS, G.Store, H.Store, Z.Store for new and existing plants; and Axis.T. for electric vehicle charging.

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