FREYR Battery (FREYR Battery) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is FREYR Battery 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. FREYR Battery's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.03.

FREYR Battery's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.03). It may suggest that FREYR Battery is progressively becoming more dependent on debt to grow their business.

FREYR Battery LT-Debt-to-Total-Asset Historical Data

The historical data trend for FREYR Battery'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.

* Premium members only.

FREYR Battery LT-Debt-to-Total-Asset Chart

FREYR Battery Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.01

FREYR Battery Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.02	0.01	0.02	0.02	0.03

FREYR Battery LT-Debt-to-Total-Asset Calculation

FREYR Battery's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	11.144	/	827.698
	=

FREYR Battery's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	18.353	/	738.828
	=

FREYR Battery (NYSE:FREY) 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.

FREYR Battery LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of FREYR Battery's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

FREYR Battery (FREYR Battery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FREYR Battery Inc (NYSE:FREY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

T2T:Germany T2T:Germany

Address

Boulevard Royal, 22-24, Level 2449, Luxembourg, LUX, L-2449

Website

https://www.freyrbattery.com

FREYR Battery Inc is an emerging producer of clean battery solutions for the planet. It designs and manufactures high-density and cost-competitive lithium-ion batteries with a reduced carbon footprint for the markets for electric mobility, stationary energy storage, and marine and aviation applications.