Cenergy Holdings (XBRU:CENER) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Cenergy Holdings 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. Cenergy Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Cenergy Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Dec. 2023 (0.12). It may suggest that Cenergy Holdings is progressively becoming more dependent on debt to grow their business.

Cenergy Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cenergy Holdings'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.

Cenergy Holdings LT-Debt-to-Total-Asset Chart

Cenergy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.17

0.18

0.15

0.08

0.12

Cenergy Holdings Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.08	0.12	-	0.12

Cenergy Holdings LT-Debt-to-Total-Asset Calculation

Cenergy Holdings'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 )
	=	214.657	/	1839.158
	=	0.12

Cenergy Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	214.657	/	1839.158
	=	0.12

Cenergy Holdings (XBRU:CENER) 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.

Cenergy Holdings LT-Debt-to-Total-Asset Related Terms

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

Cenergy Holdings (XBRU:CENER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cenergy Holdings SA (XBRU:CENER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CENER:Greece 9CN:Germany

Address

30 Marnix Avenue, Brussels, BEL, 1000

Website

https://www.cenergyholdings.com

Cenergy Holdings SA is engaged in the production, distribution, and trading of cables for power transmission, distribution & renewables, oil and gas transportation and drilling, telecom, and data transmission and construction and industrial markets, and steel pipes. The company is divided into two segments namely Cables and Steel Pipes. The Cables segment manufactures power, telecommunication, and submarine cables, as well as enameled wires and compounds. The Steel Pipes segment produces steel pipes for the transportation of natural gas, oil, and water networks, as well as steel hollow sections that are used in construction projects. Geographically, the majority is from America.

Cenergy Holdings (XBRU:CENER) Headlines

No Headlines