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Greenalia (XMAD:GRN) LT-Debt-to-Total-Asset : 0.40 (As of Dec. 2021)


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What is Greenalia 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. Greenalia's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.40.

Greenalia's long-term debt to total assets ratio declined from Dec. 2020 (0.58) to Dec. 2021 (0.40). It may suggest that Greenalia is progressively becoming less dependent on debt to grow their business.


Greenalia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Greenalia'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.

Greenalia LT-Debt-to-Total-Asset Chart

Greenalia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.25 0.42 0.51 0.58 0.40

Greenalia Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.53 0.58 0.33 0.40

Greenalia LT-Debt-to-Total-Asset Calculation

Greenalia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=150.688/380.467
=0.40

Greenalia's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )/Total Assets (Q: Dec. 2021 )
=150.688/380.467
=0.40

* 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.


Greenalia  (XMAD:GRN) 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.


Greenalia LT-Debt-to-Total-Asset Related Terms

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Greenalia (XMAD:GRN) Business Description

Traded in Other Exchanges
N/A
Address
Plaza de Maria Pita, No. 10 Planta - 1, A Coruna, ESP, 15001
Greenalia SA is a Spain based company operating in diversified businesses. It provides electricity generation and distribution services. The company's segment includes Forestry, Logistics, and Energy. It generates maximum revenue from the Forestry segment. Geographically, it derives a majority of revenue from Spain. The company offers thermal power, renewable energy, and biofuel production services. It also provides logistics, storage, chartering, shipping, and forestry services.

Greenalia (XMAD:GRN) Headlines