Green Hydrogen Systems A/S (OCSE:GREENH) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is Green Hydrogen Systems A/S 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. Green Hydrogen Systems A/S's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Green Hydrogen Systems A/S's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.16). It may suggest that Green Hydrogen Systems A/S is progressively becoming more dependent on debt to grow their business.

Green Hydrogen Systems A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for Green Hydrogen Systems A/S'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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Green Hydrogen Systems A/S LT-Debt-to-Total-Asset Chart

Green Hydrogen Systems A/S Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.78

0.16

Green Hydrogen Systems A/S Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	-	-	0.07	0.16

Green Hydrogen Systems A/S LT-Debt-to-Total-Asset Calculation

Green Hydrogen Systems A/S'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 )
	=	382.729	/	2366.022
	=	0.16

Green Hydrogen Systems A/S'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 )
	=	382.729	/	2366.022
	=	0.16

Green Hydrogen Systems A/S (OCSE:GREENH) 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.

Green Hydrogen Systems A/S LT-Debt-to-Total-Asset Related Terms

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Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Hydrogen Systems A/S (OCSE:GREENH) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

3LUA:Germany

Address

Nordager 21, Kolding, DNK, DK-6000

Website

https://www.greenhydrogen.dk

Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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