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ZEO (Zeo Energy) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)


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What is Zeo 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. Zeo Energy's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

Zeo Energy's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.03). It may suggest that Zeo Energy is progressively becoming more dependent on debt to grow their business.

Zeo Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zeo 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.

Zeo Energy LT-Debt-to-Total-Asset Chart

Zeo Energy Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.02 0.04 0.04

Zeo Energy Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - 0.05 0.04 0.04 0.03

Zeo Energy LT-Debt-to-Total-Asset Calculation

Zeo Energy'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 )
=2.026/47.987
=0.04

Zeo Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=1.644/49.071
=0.03

* 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.

Zeo Energy  (NAS:ZEO) 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.

Zeo Energy LT-Debt-to-Total-Asset Related Terms

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Zeo Energy Business Description

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Address
7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654
Website
https://investors.zeoenergy.com
Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas, and Missouri. Its primary business activity is selling and installing residential solar energy systems that homeowners use to supplement the amount of usable electricity required to power their homes.