AES Brasil Energia (BSP:AESB3) LT-Debt-to-Total-Asset : 0.39 (As of Mar. 2024)

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What is AES Brasil Energia 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. AES Brasil Energia's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.39.

AES Brasil Energia's long-term debt to total assets ratio declined from Mar. 2023 (0.56) to Mar. 2024 (0.39). It may suggest that AES Brasil Energia is progressively becoming less dependent on debt to grow their business.

AES Brasil Energia LT-Debt-to-Total-Asset Historical Data

The historical data trend for AES Brasil Energia'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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AES Brasil Energia LT-Debt-to-Total-Asset Chart

AES Brasil Energia Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.45

0.54

0.48

AES Brasil Energia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															0.56	0.51	0.50	0.48	0.39

AES Brasil Energia LT-Debt-to-Total-Asset Calculation

AES Brasil Energia'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 )
	=	9361.558	/	19479.92
	=	0.48

AES Brasil Energia'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 )
	=	7604.02	/	19543.8
	=	0.39

AES Brasil Energia (BSP:AESB3) 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.

AES Brasil Energia LT-Debt-to-Total-Asset Related Terms

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AES Brasil Energia (BSP:AESB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Brasil Energia SA (BSP:AESB3) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Avenida Luiz Carlos Berrini, 1,376, 12 Floor of Tower A- Room Digitalizacao, Brooklin Paulista, Sao Paulo, BRA

Website

https://www.aesbrasil.com.br

AES Brasil Energia SA is engaged in the production, transmission, and commercialization of energy. Its portfolio consists of hydraulic, wind, and solar sources, with plants located in the states of Sao Paulo, Bahia, and Rio Grande do Norte. The company operates mainly in the electric power generation sector. It is focused on clean and sustainable energy.

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