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Hopium (STU:05B) LT-Debt-to-Total-Asset : 3.72 (As of Jun. 2024)


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What is Hopium 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. Hopium's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 3.72.

Hopium's long-term debt to total assets ratio increased from Jun. 2023 (1.23) to Jun. 2024 (3.72). It may suggest that Hopium is progressively becoming more dependent on debt to grow their business.

Hopium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hopium'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.

Hopium LT-Debt-to-Total-Asset Chart

Hopium Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - - -

Hopium Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.17 - 1.23 - 3.72

Hopium LT-Debt-to-Total-Asset Calculation

Hopium'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 )
=0/3.895
=0.00

Hopium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=15.819/4.251
=

* 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.

Hopium  (STU:05B) 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.

Hopium LT-Debt-to-Total-Asset Related Terms

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Hopium Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hopium SA (STU:05B) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
ALHPI:France
Address
54/56 Avenue Hoche, Paris, FRA, 75008
Website
https://www.hopium.com
Hopium SA is specialized in the construction of high-end hydrogen powered vehicles.

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