Haffner Energy (FRA:X1B) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Haffner Energy 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. Haffner Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Haffner Energy's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.06). It may suggest that Haffner Energy is progressively becoming less dependent on debt to grow their business.

Haffner Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Haffner Energy'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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Haffner Energy LT-Debt-to-Total-Asset Chart

Haffner Energy Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.38

0.28

0.58

0.07

0.06

Haffner Energy Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.07	0.06	0.06	0.05	0.06

Haffner Energy LT-Debt-to-Total-Asset Calculation

Haffner Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	3.465	/	56.907
	=	0.06

Haffner Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2.546	/	45.718
	=	0.06

Haffner Energy (FRA:X1B) 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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Haffner Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Haffner Energy SA (FRA:X1B) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ALHAF:France

Address

2 place de la Gare, Parc de l'Angeviniere, Vitry-le-Francois, FRA, 51300

Website

https://www.haffner-energy.com

Haffner Energy SA is the designer and builder of HYNOCA, a disruptive carbon-negative solution for producing competitive renewable hydrogen.

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