Entergy Mississippi (Entergy Mississippi) LT-Debt-to-Total-Asset : 0.29 (As of Sep. 2018)

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What is Entergy Mississippi 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. Entergy Mississippi's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.29.

Entergy Mississippi's long-term debt to total assets ratio declined from Jun. 2017 (0.30) to Sep. 2018 (0.29). It may suggest that Entergy Mississippi is progressively becoming less dependent on debt to grow their business.

Entergy Mississippi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Entergy Mississippi'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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Entergy Mississippi LT-Debt-to-Total-Asset Chart

Entergy Mississippi Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.32

0.31

0.27

0.31

0.33

Entergy Mississippi Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Jun18	Sep18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.29	0.33	0.33	0.29

Entergy Mississippi LT-Debt-to-Total-Asset Calculation

Entergy Mississippi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	1270.122	/	3879.375
	=	0.33

Entergy Mississippi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )	/	Total Assets (Q: Sep. 2018 )
	=	1120.83	/	3886.843
	=	0.29

Entergy Mississippi (OTCPK:EYMSP.PFD) 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.

Entergy Mississippi LT-Debt-to-Total-Asset Related Terms

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Entergy Mississippi (Entergy Mississippi) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Entergy Mississippi Inc (OTCPK:EYMSP.PFD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Website

http://www.entergy-mississippi.com

The Company is engaged in electric power production and retail electric distribution operations in the United States and operates through two business segments, Utility and Non-Utility Nuclear.

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