Vow Green Metals AS (FRA:9G5) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2023)

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What is Vow Green Metals AS 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. Vow Green Metals AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.28.

Vow Green Metals AS's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.28). It may suggest that Vow Green Metals AS is progressively becoming more dependent on debt to grow their business.

Vow Green Metals AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vow Green Metals AS'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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Vow Green Metals AS LT-Debt-to-Total-Asset Chart

Vow Green Metals AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.28

Vow Green Metals AS Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.19	-	0.26	0.28

Vow Green Metals AS LT-Debt-to-Total-Asset Calculation

Vow Green Metals AS'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 )
	=	4.396	/	15.922
	=

Vow Green Metals AS'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 )
	=	4.396	/	15.922
	=	0.28

Vow Green Metals AS (FRA:9G5) 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.

Vow Green Metals AS LT-Debt-to-Total-Asset Related Terms

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Vow Green Metals AS (FRA:9G5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vow Green Metals AS (FRA:9G5) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VGM:Norway

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.vowasa.com

Vow Green Metals AS is engaged in preventing pollution. The solutions of the company convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Vow Green Metals AS (FRA:9G5) Headlines

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