Enterprise Group (TSX:E) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Enterprise Group 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. Enterprise Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

Enterprise Group's long-term debt to total assets ratio declined from Dec. 2023 (0.33) to Dec. 2024 (0.21). It may suggest that Enterprise Group is progressively becoming less dependent on debt to grow their business.

Enterprise Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Enterprise Group'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.

Enterprise Group LT-Debt-to-Total-Asset Chart

Enterprise Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.27

0.33

0.21

Enterprise Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.29	0.29	0.29	0.21

Enterprise Group LT-Debt-to-Total-Asset Calculation

Enterprise Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	25.156	/	118.341
	=	0.21

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	25.156	/	118.341
	=	0.21

Enterprise Group (TSX:E) 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.

Enterprise Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Enterprise Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Enterprise Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Group Inc (TSX:E) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ETOLF:USA 3EO1:Germany

Address

64 Riel Drive, Suite 2, St. Albert, AB, CAN, T8N 5B3

Website

https://www.enterprisegrp.ca

Enterprise Group Inc is an equipment rental and construction services company operating in the utility, energy, and construction industries. Its focus is specialty equipment rentals. The Corporation's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management and human resources to support continued growth. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.

Executives

John Harld Charles Pinsent	Director
Warren Cabral	Senior Officer
Leonard Jaroszuk	Director, Senior Officer
Brian Nilsson	10% Security Holder
Neil B.t. Darling	Director
Desmond O'kell	Senior Officer