Contact Energy (NZSE:CEN) Debt-to-Asset : 0.31 (As of Dec. 2023)

Contact Energy Debt-to-Asset Chart

Contact Energy Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Debt-to-Asset		Get a 7-Day Free Trial					0.22	0.25	0.17	0.21	0.27

Contact Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.19	0.21	0.26	0.27	0.31

Competitive Comparison of Contact Energy's Debt-to-Asset

For the Utilities - Renewable subindustry, Contact Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Contact Energy's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Contact Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Contact Energy's Debt-to-Asset falls into.

Contact Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Contact Energy's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Contact Energy's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.

Contact Energy  (NZSE:CEN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Contact Energy Debt-to-Asset Related Terms

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

Contact Energy (NZSE:CEN) Business Description