Green Energy Technology (LUX:GE144) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2019)

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What is Green Energy Technology 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. Green Energy Technology's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.01.

Green Energy Technology's long-term debt to total assets ratio declined from Mar. 2018 (0.04) to Jun. 2019 (0.01). It may suggest that Green Energy Technology is progressively becoming less dependent on debt to grow their business.

Green Energy Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Green Energy Technology'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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Green Energy Technology LT-Debt-to-Total-Asset Chart

Green Energy Technology Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.08

0.06

0.08

0.03

0.28

Green Energy Technology Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.10	0.14	0.28	0.01

Green Energy Technology LT-Debt-to-Total-Asset Calculation

Green Energy Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	83.292	/	294.034
	=	0.28

Green Energy Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )	/	Total Assets (Q: Jun. 2019 )
	=	0.647	/	133.306
	=

Green Energy Technology (LUX:GE144) 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.

Green Energy Technology LT-Debt-to-Total-Asset Related Terms

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Green Energy Technology (LUX:GE144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Green Energy Technology Inc (LUX:GE144) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

22, Chungshan North Road, Sector 3, Taipei, TWN

Website

http://www.getinc.com.tw

Green Energy Technology Inc is a solar technology company. The company is primarily engaged in the manufacturing and distribution of multi-crystal silicon solar wafers. Its products are classified into two segments, namely, Silicon Wafer and Thin Film. The key products consist of the polycrystalline solar silicon chip, polycrystalline solar silicon ingots, thin film solar modules. The company's main products, multi-crystalline solar wafers with different power outputs, are sold to solar cell and module manufacturers in major markets globally, such as Taiwan, China, Japan, Korea, India, Europe and the United States.

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