Panamax New Energy AG (STU:ICP) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Panamax New Energy AG 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. Panamax New Energy AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Panamax New Energy AG's long-term debt to total assets ratio declined from Jun. 2023 (0.54) to Jun. 2024 (0.00). It may suggest that Panamax New Energy AG is progressively becoming less dependent on debt to grow their business.

Panamax New Energy AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Panamax New Energy AG'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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Panamax New Energy AG LT-Debt-to-Total-Asset Chart

Panamax New Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.42

0.43

Panamax New Energy AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.42	0.54	0.43	-

Panamax New Energy AG LT-Debt-to-Total-Asset Calculation

Panamax New Energy AG'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 )
	=	0.189	/	0.444
	=	0.43

Panamax New Energy AG'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 )
	=	0	/	0.251
	=	0.00

Panamax New Energy AG (STU:ICP) 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.

Panamax New Energy AG LT-Debt-to-Total-Asset Related Terms

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Panamax New Energy AG Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Strasse 10, Muenchener, Frankfurt am Main, Frankfurt, HE, DEU, 60329

Website

https://www.panamax.ag

Panamax New Energy AG is an investment company with a focus on the German-speaking market. It has a focus on the sectors of environmental technology, IT, e-business, health products, and services and products for infants and babies. The company's investments will be made as both minority and majority investments and will include financial and strategic investments.

Panamax New Energy AG Headlines

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