EVgo (EVGO) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is EVgo 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. EVgo's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

EVgo's long-term debt to total assets ratio increased from Mar. 2023 (0.07) to Mar. 2024 (0.09). It may suggest that EVgo is progressively becoming more dependent on debt to grow their business.

EVgo LT-Debt-to-Total-Asset Historical Data

The historical data trend for EVgo'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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EVgo LT-Debt-to-Total-Asset Chart

EVgo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.06

0.08

EVgo Quarterly Data
	Dec19	Mar20	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												0.07	0.06	0.06	0.08	0.09

EVgo LT-Debt-to-Total-Asset Calculation

EVgo'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 )
	=	61.987	/	806.614
	=	0.08

EVgo'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 )
	=	69.039	/	787.545
	=	0.09

EVgo (NAS:EVGO) 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.

EVgo LT-Debt-to-Total-Asset Related Terms

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EVgo (EVGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EVgo Inc (NAS:EVGO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EVGOW:USA

Address

11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064

Website

https://www.evgo.com

EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.

Executives

Dennis G Kish	officer: Chief Operating Officer	955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan	officer: CLO and General Counsel	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova	officer: Chief Financial Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee	officer: Interim CFO	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac	officer: Chief Operating & Tech Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi	director, officer: Chief Executive Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus	director	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal	director	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig	director	C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson	director	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi	officer: Chief Revenue Officer	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy	officer: Chief Commercial Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata	officer: Controller	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan	director	69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh	director	C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201