Evoqua Water Technologies (FRA:E0W) LT-Debt-to-Total-Asset : 0.41 (As of Mar. 2023)

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What is Evoqua Water 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. Evoqua Water Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.41.

Evoqua Water Technologies's long-term debt to total assets ratio declined from Mar. 2022 (0.45) to Mar. 2023 (0.41). It may suggest that Evoqua Water Technologies is progressively becoming less dependent on debt to grow their business.

Evoqua Water Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Evoqua Water 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.

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Evoqua Water Technologies LT-Debt-to-Total-Asset Chart

Evoqua Water Technologies Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

LT-Debt-to-Total-Asset

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0.56

0.55

0.49

0.41

Evoqua Water Technologies Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.44	0.41	0.41	0.41

Evoqua Water Technologies LT-Debt-to-Total-Asset Calculation

Evoqua Water Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (A: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2022 )	/	Total Assets (A: Sep. 2022 )
	=	916.57	/	2212.772
	=	0.41

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

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	839.899	/	2063.738
	=	0.41

Evoqua Water Technologies (FRA:E0W) 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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Evoqua Water Technologies (FRA:E0W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Evoqua Water Technologies Corp (FRA:E0W) » Definitions » LT-Debt-to-Total-Asset

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Address

210 Sixth Avenue, Pittsburgh, PA, USA, 15222

Website

https://www.evoqua.com

Evoqua Water Technologies Corp is a provider of critical water treatment solutions, offering services, systems, and technologies to support its customers' full water lifecycle needs. The company operates two segments namely Integrated Solutions and Services and Applied Product Technologies. The Integrated Solutions and Services segment provides fully-integrated systems and service solutions that selectively utilize its portfolio of water treatment technologies to satisfy customers' water needs. It engages directly with end-users. Applied Product Technologies is focused on developing product platforms to be sold primarily through third-party channels. The company generates maximum revenue from the Integrated Solutions and Services segment.

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