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REPT BATTERO Energy Co (HKSE:00666) LT-Debt-to-Total-Asset : 0.17 (As of Jun. 2024)


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What is REPT BATTERO Energy Co 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. REPT BATTERO Energy Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.17.

REPT BATTERO Energy Co's long-term debt to total assets ratio declined from Jun. 2023 (0.22) to Jun. 2024 (0.17). It may suggest that REPT BATTERO Energy Co is progressively becoming less dependent on debt to grow their business.


REPT BATTERO Energy Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for REPT BATTERO Energy Co'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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REPT BATTERO Energy Co LT-Debt-to-Total-Asset Chart

REPT BATTERO Energy Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.06 0.03 0.16 0.20

REPT BATTERO Energy Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.16 0.22 0.20 0.17

REPT BATTERO Energy Co LT-Debt-to-Total-Asset Calculation

REPT BATTERO Energy Co'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 )
=7005.432/35739.878
=0.20

REPT BATTERO Energy Co'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 )
=7050.812/41644.012
=0.17

* 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.


REPT BATTERO Energy Co  (HKSE:00666) 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.


REPT BATTERO Energy Co LT-Debt-to-Total-Asset Related Terms

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REPT BATTERO Energy Co Business Description

Traded in Other Exchanges
N/A
Address
Binhai 6th Road, Room A205, Building C No. 205, Airport New Area, Longwan District, Zhejiang, Wenzhou, CHN
REPT BATTERO Energy Co Ltd is a lithium-ion battery manufacturer company in China. It focuses on the research & development, production, and sales of EV and ESS lithium-ion battery products including battery cells, modules, and packs (including battery boxes, battery racks, and energy storage containers for ESS packs). Its segment includes the sale of EV battery products, ESS battery products, wastes, battery components, and R&D services. The company generates a majority of its revenue from Mainland China and the rest from other regions.

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