Endurance Motive (XMAD:END) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2020)

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What is Endurance Motive 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. Endurance Motive's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.09.

Endurance Motive's long-term debt to total assets ratio increased from Dec. 2018 (0.00) to Dec. 2020 (0.09). It may suggest that Endurance Motive is progressively becoming more dependent on debt to grow their business.

Endurance Motive LT-Debt-to-Total-Asset Historical Data

The historical data trend for Endurance Motive'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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Endurance Motive LT-Debt-to-Total-Asset Chart

Endurance Motive Annual Data

Trend

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

0.01

0.09

Endurance Motive Semi-Annual Data
	Dec18	Dec19	Dec20
LT-Debt-to-Total-Asset	-	0.01	0.09

Endurance Motive LT-Debt-to-Total-Asset Calculation

Endurance Motive's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	0.257	/	2.741
	=	0.09

Endurance Motive's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	0.257	/	2.741
	=	0.09

Endurance Motive (XMAD:END) 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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Endurance Motive (XMAD:END) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Endurance Motive SA (XMAD:END) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carrer de la Bernia 1, Canet den Berenguer, Valencia, ESP, 46529

Website

https://www.endurancemotive.eu

Endurance Motive SA designs and assembles lithium batteries for electromobility. It offers complete solutions for the implementation of lithium-based storage technology for industrial traction equipment, naval sector and public transport vehicles.

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