Amber Grid AB (OVSE:AMG1L) Debt-to-Asset : 0.26 (As of Mar. 2024)

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

What is Amber Grid AB Debt-to-Asset?

Amber Grid AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €21.40 Mil. Amber Grid AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €62.93 Mil. Amber Grid AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €330.48 Mil. Amber Grid AB's debt to asset for the quarter that ended in Mar. 2024 was 0.26.

Amber Grid AB Debt-to-Asset Historical Data

The historical data trend for Amber Grid AB'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.

* Premium members only.

Amber Grid AB Debt-to-Asset Chart

Amber Grid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.29

0.39

0.29

0.19

0.29

Amber Grid AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.24	0.30	0.28	0.29	0.26

Competitive Comparison of Amber Grid AB's Debt-to-Asset

For the Utilities - Regulated Gas subindustry, Amber Grid AB'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.

Amber Grid AB's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Amber Grid AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Amber Grid AB's Debt-to-Asset falls into.

Amber Grid AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Amber Grid AB'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
	=	(31.401	+	63.895)	/	333.389
	=	0.29

Amber Grid AB's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(21.402	+	62.927)	/	330.483
	=	0.26

Amber Grid AB (OVSE:AMG1L) 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.

Amber Grid AB Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Amber Grid AB's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Amber Grid AB (OVSE:AMG1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Amber Grid AB (OVSE:AMG1L) » Definitions » Debt-to-Asset

Traded in Other Exchanges

AMH:Germany

Address

Laisv?s pr. 10, Vilnius, LTU, LT-04215

Website

https://www.ambergrid.lt

Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

No Headlines