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One Power Co (One Power Co) LT-Debt-to-Total-Asset : 0.55 (As of Dec. 2022)


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What is One Power 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. One Power Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.55.

One Power Co's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2022 (0.55). It may suggest that One Power Co is progressively becoming more dependent on debt to grow their business.

One Power Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for One Power 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.

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One Power Co LT-Debt-to-Total-Asset Chart

One Power Co Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.55 0.18

One Power Co Quarterly Data
Dec22 Dec23
LT-Debt-to-Total-Asset 0.55 0.18

One Power Co LT-Debt-to-Total-Asset Calculation

One Power 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 )
=13.823/75.785
=0.18

One Power Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=37.269/68.278
=

* 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.

One Power Co  (NYSE:ONE) 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.

One Power Co LT-Debt-to-Total-Asset Related Terms

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One Power Co (One Power Co) Business Description

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https://www.oneenergy.com

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