Blink Charging Co (MEX:BLNK) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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

What is Blink Charging 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. Blink Charging Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Blink Charging Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Blink Charging Co is progressively becoming more dependent on debt to grow their business.

Blink Charging Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Blink Charging 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.

* Premium members only.

Blink Charging Co LT-Debt-to-Total-Asset Chart

Blink Charging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

0.01

0.02

Blink Charging Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.02	0.02	0.02

Blink Charging Co LT-Debt-to-Total-Asset Calculation

Blink Charging 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 )
	=	122.011	/	7273.788
	=	0.02

Blink Charging Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	113.469	/	6713.102
	=	0.02

Blink Charging Co (MEX:BLNK) 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.

Blink Charging Co LT-Debt-to-Total-Asset Related Terms

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

Blink Charging Co (MEX:BLNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Blink Charging Co (MEX:BLNK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BLNK:USA

Address

605 Lincoln Road, 5th Floor, Miami Beach, FL, USA, 33139

Website

https://www.blinkcharging.com

Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. The company's business is the sale and distribution of electric vehicle charging equipment and its associated revenues earned from customers and/or Property Partners who use equipment connected to its network.