ADS-TEC Energy (FRA:X3C) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is ADS-TEC 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. ADS-TEC Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

ADS-TEC Energy's long-term debt to total assets ratio increased from Dec. 2021 (0.01) to Dec. 2023 (0.02). It may suggest that ADS-TEC Energy is progressively becoming more dependent on debt to grow their business.

ADS-TEC Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for ADS-TEC 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.

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ADS-TEC Energy LT-Debt-to-Total-Asset Chart

ADS-TEC Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.04

0.01

0.02

ADS-TEC Energy Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.01	0.01	0.02	0.02	0.02

ADS-TEC Energy LT-Debt-to-Total-Asset Calculation

ADS-TEC 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 )
	=	2.58	/	124.408
	=	0.02

ADS-TEC Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2.58	/	124.408
	=

ADS-TEC Energy (FRA:X3C) 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.

ADS-TEC Energy LT-Debt-to-Total-Asset Related Terms

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ADS-TEC Energy (FRA:X3C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ADS-TEC Energy PLC (FRA:X3C) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ADSE:USA X3C:Germany

Address

10 Earlsfort Terrace, Dublin, IRL, D02 T380

Website

https://www.ads-tec-energy.com

ADS-TEC Energy PLC produces, develops, and markets battery-buffered EV charging systems infrastructure, battery storage systems, and cloud-based services which enable the customer to control and manage the system. Geographically, it derives a majority of its revenue from Europe.

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