Grenergy Renovables (XMAD:GRE) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Grenergy Renovables 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. Grenergy Renovables's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

Grenergy Renovables's long-term debt to total assets ratio declined from Dec. 2023 (0.42) to Dec. 2024 (0.38). It may suggest that Grenergy Renovables is progressively becoming less dependent on debt to grow their business.

Grenergy Renovables LT-Debt-to-Total-Asset Historical Data

The historical data trend for Grenergy Renovables'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.

Grenergy Renovables LT-Debt-to-Total-Asset Chart

Grenergy Renovables Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.51

0.40

0.41

0.42

0.38

Grenergy Renovables Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.38	0.42	0.47	0.38

Grenergy Renovables LT-Debt-to-Total-Asset Calculation

Grenergy Renovables's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	706.626	/	1875.214
	=	0.38

Grenergy Renovables's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	706.626	/	1875.214
	=	0.38

Grenergy Renovables (XMAD:GRE) 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.

Grenergy Renovables LT-Debt-to-Total-Asset Related Terms

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

Grenergy Renovables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grenergy Renovables SA (XMAD:GRE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GREe:UK 5GR:Germany

Address

Calle Rafael Boti, 26, Madrid, ESP, 28023

Website

https://www.grenergy.eu

Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.

Grenergy Renovables Headlines

No Headlines