Shikun & Binui Energy (XTAE:SBEN) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Shikun & Binui Energy 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. Shikun & Binui Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.47.

Shikun & Binui Energy's long-term debt to total assets ratio declined from Dec. 2023 (0.53) to Dec. 2024 (0.47). It may suggest that Shikun & Binui Energy is progressively becoming less dependent on debt to grow their business.

Shikun & Binui Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shikun & Binui Energy'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.

Shikun & Binui Energy LT-Debt-to-Total-Asset Chart

Shikun & Binui Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.59

0.40

0.49

0.53

0.47

Shikun & Binui Energy Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.53	0.51	0.50	0.50	0.47

Shikun & Binui Energy LT-Debt-to-Total-Asset Calculation

Shikun & Binui Energy'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 )
	=	2530.447	/	5395.932
	=	0.47

Shikun & Binui Energy'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 )
	=	2530.447	/	5395.932
	=	0.47

Shikun & Binui Energy (XTAE:SBEN) 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.

Shikun & Binui Energy LT-Debt-to-Total-Asset Related Terms

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

Shikun & Binui Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shikun & Binui Energy Ltd (XTAE:SBEN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Ha-Yarden Street, P.O.B 1133, Airport City, ISR, 7010000

Website

https://www.shikunbinui.com

Shikun & Binui Energy Ltd engages in the development, financing, construction and operation of power generation plants based on energies, such as: solar energy, hydro, wind and natural gas - in Israel and around the globe. It develops utility-scale long-term projects, taking an end-to-end approach, from the initiation stage to financing, construction, operation, and maintenance of the project.

Shikun & Binui Energy Headlines

No Headlines