Ensurge Micropower ASA (OSL:ENSU) LT-Debt-to-Total-Asset : 1.59 (As of Mar. 2024)

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What is Ensurge Micropower ASA 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. Ensurge Micropower ASA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 1.59.

Ensurge Micropower ASA's long-term debt to total assets ratio declined from Mar. 2023 (1.84) to Mar. 2024 (1.59). It may suggest that Ensurge Micropower ASA is progressively becoming less dependent on debt to grow their business.

Ensurge Micropower ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ensurge Micropower ASA'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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Ensurge Micropower ASA LT-Debt-to-Total-Asset Chart

Ensurge Micropower ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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2.05

2.83

1.62

1.89

1.87

Ensurge Micropower ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.84	2.71	2.31	1.87	1.59

Ensurge Micropower ASA LT-Debt-to-Total-Asset Calculation

Ensurge Micropower ASA'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 )
	=	139.959	/	74.827
	=	1.87

Ensurge Micropower ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	131.877	/	82.997
	=	1.59

Ensurge Micropower ASA (OSL:ENSU) 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.

Ensurge Micropower ASA LT-Debt-to-Total-Asset Related Terms

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Ensurge Micropower ASA (OSL:ENSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ensurge Micropower ASA (OSL:ENSU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ENMPY:USA ENMPF:USA THINO:Sweden B7X1:Germany

Address

C/o House of Business, Fridtjof Nansens Plass 4, Oslo, NOR, 0160

Website

https://www.ensurge.com

Ensurge Micropower ASA is Energizing Innovation with ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Thinfilm's solid-state lithium battery (SSLB) technology is positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications. The company's flexible electronics manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials with the scale of roll-to-roll production methods to bring the advantages of SSLB technology to established and expanding markets.

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