VWSYF (Vestas Wind Systems AS) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Vestas Wind Systems AS 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. Vestas Wind Systems AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Vestas Wind Systems AS's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.13). It may suggest that Vestas Wind Systems AS is progressively becoming less dependent on debt to grow their business.

Vestas Wind Systems AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vestas Wind Systems AS'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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Vestas Wind Systems AS LT-Debt-to-Total-Asset Chart

Vestas Wind Systems AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.05

0.04

0.11

0.14

0.13

Vestas Wind Systems AS 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															0.14	0.14	0.14	0.14	0.13

Vestas Wind Systems AS LT-Debt-to-Total-Asset Calculation

Vestas Wind Systems AS'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 )
	=	3215.707	/	25805.236
	=	0.12

Vestas Wind Systems AS'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 )
	=	3215.707	/	25805.236
	=	0.12

Vestas Wind Systems AS (OTCPK:VWSYF) 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.

Vestas Wind Systems AS LT-Debt-to-Total-Asset Related Terms

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Vestas Wind Systems AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vestas Wind Systems AS (OTCPK:VWSYF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VWDRY:USA VWSc:UK 0NMK:UK VWS:Denmark VWSB:Germany VWSB:Bulgaria VWSB:Austria

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.