Ceres Power Holdings (LSE:CWR) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Ceres Power Holdings 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. Ceres Power Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Ceres Power Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.01) to Dec. 2024 (0.01). It may suggest that Ceres Power Holdings is progressively becoming less dependent on debt to grow their business.

Ceres Power Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ceres Power Holdings'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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Ceres Power Holdings LT-Debt-to-Total-Asset Chart

Ceres Power Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.01

Ceres Power Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Ceres Power Holdings LT-Debt-to-Total-Asset Calculation

Ceres Power Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1.492	/	181.103
	=	0.01

Ceres Power Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.492	/	181.103
	=	0.01

Ceres Power Holdings (LSE:CWR) 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.

Ceres Power Holdings LT-Debt-to-Total-Asset Related Terms

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Ceres Power Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ceres Power Holdings PLC (LSE:CWR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CRPHY:USA CPWHF:USA CWRl:UK CWR.GB:UK CFJA:Germany

Address

Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX

Website

https://www.cerespower.com

Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Company has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

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