EN+ GROUP International PJSC (MIC:ENPG) LT-Debt-to-Total-Asset : 0.36 (As of Jun. 2023)

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What is EN+ GROUP International PJSC 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. EN+ GROUP International PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.36.

EN+ GROUP International PJSC's long-term debt to total assets ratio increased from Jun. 2022 (0.21) to Jun. 2023 (0.36). It may suggest that EN+ GROUP International PJSC is progressively becoming more dependent on debt to grow their business.

EN+ GROUP International PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for EN+ GROUP International PJSC'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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EN+ GROUP International PJSC LT-Debt-to-Total-Asset Chart

EN+ GROUP International PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.47

0.45

0.31

0.32

EN+ GROUP International PJSC Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.39	0.31	0.21	0.32	0.36

EN+ GROUP International PJSC LT-Debt-to-Total-Asset Calculation

EN+ GROUP International PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	593762.41	/	1877493.632
	=	0.32

EN+ GROUP International PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	755671.423	/	2126933.84
	=	0.36

EN+ GROUP International PJSC (MIC:ENPG) 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.

EN+ GROUP International PJSC LT-Debt-to-Total-Asset Related Terms

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EN+ GROUP International PJSC (MIC:ENPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » EN+ GROUP International PJSC (MIC:ENPG) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Oktyabrskaya Street 8, Office 34, Kaliningrad Region, Kaliningrad, RUS, 236006

Website

https://www.enplusgroup.com

EN+ GROUP International PJSC is engaged in the production of aluminum, energy generation, and distribution, and other businesses. It operates through two business segments namely, the Metal segment and the Power segment. The Metals segment's operations include the extraction and refinement of bauxite into alumina and the production and sale of primary aluminum, alumina, and related products. It generates maximum revenue from the Metal segment. Geographically, it derives a majority of its revenue from Russia and also has a presence in Turkey; Netherlands; USA; South Korea; Italy; Poland; Japan; Germany; France; Norway; Greece; Sweden; China, and Other countries.

EN+ GROUP International PJSC (MIC:ENPG) Headlines

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