Eneraqua Technologies (LSE:ETP) LT-Debt-to-Total-Asset : 0.07 (As of Jul. 2024)

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

What is Eneraqua Technologies 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. Eneraqua Technologies's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.07.

Eneraqua Technologies's long-term debt to total assets ratio declined from Jul. 2023 (0.11) to Jul. 2024 (0.07). It may suggest that Eneraqua Technologies is progressively becoming less dependent on debt to grow their business.

Eneraqua Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eneraqua Technologies'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.

Eneraqua Technologies LT-Debt-to-Total-Asset Chart

Eneraqua Technologies Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.36

0.12

0.09

Eneraqua Technologies Semi-Annual Data
	Jan19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.14	0.12	0.11	0.09	0.07

Eneraqua Technologies LT-Debt-to-Total-Asset Calculation

Eneraqua Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	4.297	/	47.418
	=	0.09

Eneraqua Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (Q: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2024 )	/	Total Assets (Q: Jul. 2024 )
	=	2.901	/	39.092
	=	0.07

Eneraqua Technologies (LSE:ETP) 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.

Eneraqua Technologies LT-Debt-to-Total-Asset Related Terms

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

Eneraqua Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Eneraqua Technologies PLC (LSE:ETP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Windmill Street, Fitzrovia, London, GBR, W1T 2HX

Website

https://www.eneraquatechnologies.com

Eneraqua Technologies PLC is engaged in the provision of turnkey solutions for decarbonisation through heating and hot water systems for multiple occupancies social housing and commercial projects. Its services are split into two divisions: energy and water. The energy division focuses on clients with end-of-life gas, oil, or electric heating and hot water systems. The water division is a growing service offering focused on water efficiency upgrades utilizing the patented Control Flow HL2024 technology.