Groupe Okwind (XPAR:ALOKW) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is Groupe Okwind 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. Groupe Okwind's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Groupe Okwind's long-term debt to total assets ratio declined from Dec. 2022 (0.23) to Dec. 2023 (0.16). It may suggest that Groupe Okwind is progressively becoming less dependent on debt to grow their business.

Groupe Okwind LT-Debt-to-Total-Asset Historical Data

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

Groupe Okwind Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.31

0.39

0.35

0.23

0.16

Groupe Okwind Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.35	-	0.23	0.16	0.16

Groupe Okwind LT-Debt-to-Total-Asset Calculation

Groupe Okwind'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 )
	=	13.25	/	85.436
	=	0.16

Groupe Okwind'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 )
	=	13.25	/	85.436
	=	0.16

Groupe Okwind (XPAR:ALOKW) 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.

Groupe Okwind LT-Debt-to-Total-Asset Related Terms

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Groupe Okwind (XPAR:ALOKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (XPAR:ALOKW) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA

Website

https://www.okwind.fr

Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

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