WPU Waste Plastic Upcycling AS (OSL:WPU) LT-Debt-to-Total-Asset : 0.15 (As of Jun. 2023)

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What is WPU Waste Plastic Upcycling 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. WPU Waste Plastic Upcycling AS's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.15.

WPU Waste Plastic Upcycling AS's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.15). It may suggest that WPU Waste Plastic Upcycling AS is progressively becoming more dependent on debt to grow their business.

WPU Waste Plastic Upcycling AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for WPU Waste Plastic Upcycling 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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WPU Waste Plastic Upcycling AS LT-Debt-to-Total-Asset Chart

WPU Waste Plastic Upcycling AS Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.21

0.12

WPU Waste Plastic Upcycling AS Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	-	0.21	0.15	0.12

WPU Waste Plastic Upcycling AS LT-Debt-to-Total-Asset Calculation

WPU Waste Plastic Upcycling 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 )
	=	29.359	/	248.84
	=

WPU Waste Plastic Upcycling AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	30.41	/	207.031
	=	0.15

WPU Waste Plastic Upcycling AS (OSL:WPU) 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.

WPU Waste Plastic Upcycling AS LT-Debt-to-Total-Asset Related Terms

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WPU Waste Plastic Upcycling AS (OSL:WPU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » WPU Waste Plastic Upcycling AS (OSL:WPU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

YN2:Germany

Address

Hojgardsvej 13A, Lammefjorden, Farevejle, DNK, 4540

Website

https://www.wpu-dk.com

WPU Waste Plastic Upcycling AS is engaged in the upcycling of plastics. It converts plastic waste to oil that turns into new products. Its technology is based on pyrolysis, which processes the plastic at high temperatures. With pyrolysis, plastics that are no longer suitable for mechanical recycling could be given new life.

WPU Waste Plastic Upcycling AS (OSL:WPU) Headlines

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