LiqTech International (LiqTech International) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2023)

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What is LiqTech International 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. LiqTech International's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.31.

LiqTech International's long-term debt to total assets ratio increased from Dec. 2022 (0.26) to Dec. 2023 (0.31). It may suggest that LiqTech International is progressively becoming more dependent on debt to grow their business.

LiqTech International LT-Debt-to-Total-Asset Historical Data

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

LiqTech International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.17

0.33

0.26

0.31

LiqTech International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.27	0.28	0.26	0.31

LiqTech International LT-Debt-to-Total-Asset Calculation

LiqTech International'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 )
	=	11.095	/	35.972
	=	0.31

LiqTech International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	11.095	/	35.972
	=	0.31

LiqTech International (NAS:LIQT) 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.

LiqTech International LT-Debt-to-Total-Asset Related Terms

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LiqTech International (LiqTech International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LiqTech International Inc (NAS:LIQT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industriparken 22C, Ballerup, DNK, DK 2750

Website

https://www.liqtech.com

LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics. The company generates maximum revenue from Ceramics segment. Geographically, it derives a majority of its revenue from Europe.

Executives

Simon Seidelin Stadil	officer: Chief Financial Officer	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz	director	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen	director, officer: Chief Executive Officer	STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen	director	P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell	director	805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon	director	200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler	director	C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton	10 percent owner	467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard	officer: Chief Financial Officer	INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland	director	VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay	director	10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin	other: See Explanation of Responses	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin	other: See Explanation of Responses	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin	other: See Explanation of Responses	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021