AGL Energy (FRA:N9Z1) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is AGL Energy 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. AGL Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

AGL Energy's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.18). It may suggest that AGL Energy is progressively becoming more dependent on debt to grow their business.

AGL Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for AGL Energy'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.

* Premium members only.

AGL Energy LT-Debt-to-Total-Asset Chart

AGL Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.21

0.19

0.13

0.19

AGL Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.13	0.16	0.19	0.18

AGL Energy LT-Debt-to-Total-Asset Calculation

AGL Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	1756.797	/	9439.379
	=	0.19

AGL Energy'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 )
	=	1638.201	/	8907.299
	=	0.18

AGL Energy (FRA:N9Z1) 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.

AGL Energy LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of AGL Energy's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

AGL Energy (FRA:N9Z1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AGL Energy Ltd (FRA:N9Z1) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

AGLXY:USA AGLNF:USA N9Z1:Germany AGL:Australia

Address

200 George Street, Level 24, Sydney, NSW, AUS, 2000

Website

https://www.agl.com.au

AGL Energy is one of Australia's largest retailers of electricity and gas. It services over 4 million retail electricity and gas accounts in Australian, or about one third of the market. Profit is dominated by energy generation, underpinned by its low-cost coal-fired generation fleet. Founded in 1837, it is the oldest company on the ASX. Generation capacity comprises a portfolio of renewable, peaking, intermediate, and base-load electricity generation plants.

AGL Energy (FRA:N9Z1) Headlines

No Headlines