Cadeler AS (OSL:CADLR) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is Cadeler AS 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. Cadeler AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Cadeler AS's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.16). It may suggest that Cadeler AS is progressively becoming less dependent on debt to grow their business.

Cadeler AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cadeler AS'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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Cadeler AS LT-Debt-to-Total-Asset Chart

Cadeler AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.79

0.19

0.11

0.17

0.16

Cadeler AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.11	0.07	0.17	0.17	0.16

Cadeler AS LT-Debt-to-Total-Asset Calculation

Cadeler AS'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 )
	=	2360.27	/	14409.767
	=	0.16

Cadeler AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2360.27	/	14409.767
	=	0.16

Cadeler AS (OSL:CADLR) 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.

Cadeler AS LT-Debt-to-Total-Asset Related Terms

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Cadeler AS (OSL:CADLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cadeler AS (OSL:CADLR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CDLR:USA CADLF:USA CADLRo:Sweden CADLRo:UK CA2:Germany

Address

Arne Jacobsens Alle 7, Fairway House, Copenhagen S, DNK, DK-2300

Website

https://www.cadeler.com

Cadeler AS is a key supplier within the offshore wind industry for installation services and operation and maintenance work. The Company provides marine and engineering operations to the wind industry with a focus on safety and the environment. The Group owns and operates two offshore jack-up wind farm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

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