Alternus Clean Energy (Alternus Clean Energy) Debt-to-Asset : 1.07 (As of Dec. 2023)

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What is Alternus Clean Energy Debt-to-Asset?

Alternus Clean Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $197.72 Mil. Alternus Clean Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.25 Mil. Alternus Clean Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $185.29 Mil. Alternus Clean Energy's debt to asset for the quarter that ended in Dec. 2023 was 1.07.

Alternus Clean Energy Debt-to-Asset Historical Data

The historical data trend for Alternus Clean Energy's Debt-to-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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Alternus Clean Energy Debt-to-Asset Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.81

0.90

1.07

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-Asset	0.81	0.90	1.07

Competitive Comparison of Alternus Clean Energy's Debt-to-Asset

For the Utilities - Renewable subindustry, Alternus Clean Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alternus Clean Energy's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Alternus Clean Energy's Debt-to-Asset falls into.

Alternus Clean Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Alternus Clean Energy's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(197.717	+	1.252)	/	185.286
	=	1.07

Alternus Clean Energy's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(197.717	+	1.252)	/	185.286
	=	1.07

Alternus Clean Energy (NAS:ALCE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Alternus Clean Energy Debt-to-Asset Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

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Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

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