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eEnergy Group (LSE:EAAS) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2023)


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What is eEnergy Group 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. eEnergy Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.01.

eEnergy Group's long-term debt to total assets ratio declined from Jun. 2022 (0.11) to Jun. 2023 (0.01). It may suggest that eEnergy Group is progressively becoming less dependent on debt to grow their business.


eEnergy Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for eEnergy Group'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.

eEnergy Group LT-Debt-to-Total-Asset Chart

eEnergy Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Jun21 Jun22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.39 0.08 0.11

eEnergy Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.06 0.11 0.14 0.01

eEnergy Group LT-Debt-to-Total-Asset Calculation

eEnergy Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )/Total Assets (A: Jun. 2022 )
=5.36/49.693
=0.11

eEnergy Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=0.456/56.07
=0.01

* 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.


eEnergy Group  (LSE:EAAS) 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.


eEnergy Group LT-Debt-to-Total-Asset Related Terms

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eEnergy Group (LSE:EAAS) Business Description

Traded in Other Exchanges
N/A
Address
20 St Thomas Street, London, GBR, SE1 9RS
eEnergy Group PLC is energy efficiency as a service company. The company is engaged in the energy efficiency business and focuses on providing Light-as-a-Service to commercial customers through eLight. Its product eLight helps businesses and schools switch to LED lighting for a fixed monthly service fee.

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