Holding Co ADMIE (IPTO) (STU:08M) LT-Debt-to-Total-Asset : 0.25 (As of Jun. 2024)

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What is Holding Co ADMIE (IPTO) 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. Holding Co ADMIE (IPTO)'s long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.25.

Holding Co ADMIE (IPTO)'s long-term debt to total assets ratio declined from Jun. 2023 (0.30) to Jun. 2024 (0.25). It may suggest that Holding Co ADMIE (IPTO) is progressively becoming less dependent on debt to grow their business.

Holding Co ADMIE (IPTO) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Holding Co ADMIE (IPTO)'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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Holding Co ADMIE (IPTO) LT-Debt-to-Total-Asset Chart

Holding Co ADMIE (IPTO) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.23

0.25

0.26

0.27

Holding Co ADMIE (IPTO) Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.28	0.27	0.26	0.25

Holding Co ADMIE (IPTO) LT-Debt-to-Total-Asset Calculation

Holding Co ADMIE (IPTO)'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 )
	=	1104.098	/	4070.529
	=	0.27

Holding Co ADMIE (IPTO)'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 )
	=	1059.171	/	4329.663
	=	0.24

Holding Co ADMIE (IPTO) (STU:08M) 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.

Holding Co ADMIE (IPTO) LT-Debt-to-Total-Asset Related Terms

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Holding Co ADMIE (IPTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Holding Co ADMIE (IPTO) SA (STU:08M) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ADMIE:Greece 0RQM:UK 08M:Germany

Address

89, Dyrrachiou and Kifissou Streets, Kifissou, Athens, GRC, 104-43

Website

http://www.admie.gr

Holding Co ADMIE (IPTO) SA through its subsidiary operates, maintains and develops the Greek Electricity Transmission System to ensure the supply of electricity in the country in a safe, efficient and reliable manner.

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