Equnico SE (WAR:EQU) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Equnico SE 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. Equnico SE's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Equnico SE's long-term debt to total assets ratio declined from Sep. 2023 (0.10) to Sep. 2024 (0.03). It may suggest that Equnico SE is progressively becoming less dependent on debt to grow their business.

Equnico SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Equnico SE'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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Equnico SE LT-Debt-to-Total-Asset Chart

Equnico SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.02

0.01

Equnico SE Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	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															0.10	0.01	0.01	0.02	0.03

Equnico SE LT-Debt-to-Total-Asset Calculation

Equnico SE'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 )
	=	20.989	/	1975.468
	=	0.01

Equnico SE'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 )
	=	11.16	/	423.648
	=	0.03

Equnico SE (WAR:EQU) 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.

Equnico SE LT-Debt-to-Total-Asset Related Terms

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Equnico SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Equnico SE (WAR:EQU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ZB7:Germany

Address

Zielna 20, Modlniczka, Krakow, POL, 32-085

Website

https://www.resbud.pl

Equnico SE formerly Resbud SE is a modern, dynamically growing European holding company present in the construction, power and civil engineering markets, and also dealing with manufacturing, logistics and delivery of materials and equipment for the construction and power sectors. It combines a modern approach to business with a about 70-year tradition in the construction industry.

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