Tidewater Renewables (TSX:LCFS) LT-Debt-to-Total-Asset : 0.41 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tidewater Renewables 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. Tidewater Renewables's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.41.

Tidewater Renewables's long-term debt to total assets ratio increased from Sep. 2023 (0.14) to Sep. 2024 (0.41). It may suggest that Tidewater Renewables is progressively becoming more dependent on debt to grow their business.

Tidewater Renewables LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tidewater Renewables'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.

Tidewater Renewables LT-Debt-to-Total-Asset Chart

Tidewater Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.32

0.27

0.10

0.22

0.13

Tidewater Renewables Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.14	0.13	0.13	0.13	0.41

Tidewater Renewables LT-Debt-to-Total-Asset Calculation

Tidewater Renewables'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 )
	=	143.977	/	1086.698
	=	0.13

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	171.923	/	420.228
	=	0.41

Tidewater Renewables (TSX:LCFS) 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.

Tidewater Renewables LT-Debt-to-Total-Asset Related Terms

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

Tidewater Renewables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tidewater Renewables Ltd (TSX:LCFS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TDWRF:USA

Address

222 - 3rd Avenue SouthWest, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas. The company generates maximum revenue from Renewable Fuels.

Executives

Bryan Philip Morin	Senior Officer
Krasen Chervenkov	Senior Officer
Robert Colcleugh	Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Joel Macleod	Director, Senior Officer
David Allan John Barva	Senior Officer

Tidewater Renewables Headlines

No Headlines