Greencoat UK Wind (LSE:UKW) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Greencoat UK Wind 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. Greencoat UK Wind's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

Greencoat UK Wind's long-term debt to total assets ratio increased from Dec. 2022 (0.22) to Dec. 2023 (0.32). It may suggest that Greencoat UK Wind is progressively becoming more dependent on debt to grow their business.

Greencoat UK Wind LT-Debt-to-Total-Asset Historical Data

The historical data trend for Greencoat UK Wind'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.

Greencoat UK Wind LT-Debt-to-Total-Asset Chart

Greencoat UK Wind Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.33

0.24

0.22

0.32

Greencoat UK Wind Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.20	0.22	0.27	0.32

Greencoat UK Wind LT-Debt-to-Total-Asset Calculation

Greencoat UK Wind'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 )
	=	1790	/	5601.57
	=	0.32

Greencoat UK Wind'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 )
	=	1790	/	5601.57
	=	0.32

Greencoat UK Wind (LSE:UKW) 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.

Greencoat UK Wind LT-Debt-to-Total-Asset Related Terms

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

Greencoat UK Wind (LSE:UKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Greencoat UK Wind PLC (LSE:UKW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UKWl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.greencoat-ukwind.com

Greencoat UK Wind PLC is a renewable infrastructure fund, solely and fully invested in operating UK wind farms. The company aims to provide investors with an annual dividend that increases in line with RPI inflation. It also tries to preserve the capital value of its investment portfolio in the long-term on a real basis through reinvestment of excess cash flow and the prudent use of portfolio leverage. The company invests in both onshore and offshore wind farms. All of the group's income is generated within the UK.