DB Energy (WAR:DBE) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)

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What is DB Energy 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. DB Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

DB Energy's long-term debt to total assets ratio declined from Mar. 2023 (0.33) to Mar. 2024 (0.28). It may suggest that DB Energy is progressively becoming less dependent on debt to grow their business.

DB Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for DB Energy'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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DB Energy LT-Debt-to-Total-Asset Chart

DB Energy Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.06

0.28

0.39

0.24

DB Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.24	0.26	0.27	0.28

DB Energy LT-Debt-to-Total-Asset Calculation

DB Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	24.065	/	99.27
	=	0.24

DB Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	21.123	/	75.937
	=	0.28

DB Energy (WAR:DBE) 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.

DB Energy LT-Debt-to-Total-Asset Related Terms

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DB Energy (WAR:DBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DB Energy SA (WAR:DBE) » Definitions » LT-Debt-to-Total-Asset

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Address

Al. Armii Krajowej 45, Wroclaw, POL, 50-541

Website

https://www.dbenergy.pl

DB Energy SA is a Poland based company operates in the energy efficiency sector. It carries out energy efficiency audits to improve energy efficiency in large and medium-sized industrial plants.

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