Wolftank Group AG (WBO:WOLF) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2024)

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What is Wolftank Group AG 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. Wolftank Group AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.08.

Wolftank Group AG's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.08). It may suggest that Wolftank Group AG is progressively becoming less dependent on debt to grow their business.

Wolftank Group AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wolftank Group AG'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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Wolftank Group AG LT-Debt-to-Total-Asset Chart

Wolftank Group AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.14

0.12

0.10

0.11

Wolftank Group AG Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.15	0.10	0.12	0.11	0.08

Wolftank Group AG LT-Debt-to-Total-Asset Calculation

Wolftank Group AG'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 )
	=	12.31	/	109.929
	=	0.11

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	9.256	/	115.614
	=	0.08

Wolftank Group AG (WBO:WOLF) 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.

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Wolftank Group AG Business Description

Industry

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WAH:Germany

Address

Grabenweg 58, Innsbruck, AUT, 6020

Website

https://www.wolftankgroup.com

Wolftank Group AG is a technology partner around the world of energy and environmental solutions. The Group supports energy mobility and logistics projects that are efficient and good for the environment. It develops and implements technologies to decarbonize transport and build the infrastructure for zero-emission mobility, such as turnkey delivery of modular hydrogen and LNG refueling facilities. In the area of environmental solutions, the offering includes due diligence for environmental risks, customized services for soil and groundwater remediation, as well as recycling.

Executives