Huadian Energy Co (SHSE:600726) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Huadian Energy Co 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. Huadian Energy Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Huadian Energy Co's long-term debt to total assets ratio declined from Mar. 2023 (0.22) to Mar. 2024 (0.20). It may suggest that Huadian Energy Co is progressively becoming less dependent on debt to grow their business.

Huadian Energy Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Huadian Energy Co'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.

Huadian Energy Co LT-Debt-to-Total-Asset Chart

Huadian Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.18

0.44

0.25

0.21

0.19

Huadian Energy Co 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															0.22	0.26	0.25	0.19	0.20

Huadian Energy Co LT-Debt-to-Total-Asset Calculation

Huadian Energy Co'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 )
	=	5443.145	/	29114.26
	=	0.19

Huadian Energy Co'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 )
	=	5883.216	/	29362.686
	=	0.20

Huadian Energy Co (SHSE:600726) 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.

Huadian Energy Co LT-Debt-to-Total-Asset Related Terms

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

Huadian Energy Co (SHSE:600726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huadian Energy Co Ltd (SHSE:600726) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

900937:China

Address

No. 209 Dacheng Street, Nangang District, Heilongjiang Province, Harbin, CHN, 150001

Website

http://www.hdenergy.com

Huadian Energy Co Ltd is engaged in the electricity production and sales business. It is engaged in heat electric supply, power supply, power plant testing and electric power technology consulting.

Executives

Wang Hua Bin	senior management
Mei Jun Chao	senior management
Shi Feng Shang	Director
Liu Zhang Qing	Director
Xie Yun	Director
Sun Guang	Director

Huadian Energy Co (SHSE:600726) Headlines

No Headlines