Sempra (Sempra) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

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What is Sempra 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. Sempra's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

Sempra's long-term debt to total assets ratio increased from Dec. 2022 (0.31) to Dec. 2023 (0.32). It may suggest that Sempra is progressively becoming more dependent on debt to grow their business.

Sempra LT-Debt-to-Total-Asset Historical Data

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

Sempra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.32

0.33

0.29

0.31

0.32

Sempra Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.31	0.33	0.32	0.32

Sempra LT-Debt-to-Total-Asset Calculation

Sempra'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 )
	=	27759	/	87181
	=	0.32

Sempra'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 )
	=	27759	/	87181
	=	0.32

Sempra (NYSE:SRE) 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.

Sempra LT-Debt-to-Total-Asset Related Terms

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Sempra (Sempra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sempra (NYSE:SRE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SE4:Germany SE4:Germany

Address

488 8th Avenue, San Diego, CA, USA, 92101

Website

https://www.sempra.com

Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.

Executives

Richard J Mark	director	1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Jeffrey W Martin	director, officer: Chairman, CEO and President	101 ASH STREET, SAN DIEGO CA 92101
Karen L Sedgwick	officer: Chief HR Officer, CAO	488 8TH AVENUE, SAN DIEGO CA 92101
Peter R Wall	officer: SVP, Controller and CAO	488 8TH AVENUE, SAN DIEGO CA 92101
Trevor I Mihalik	officer: Executive VP and CFO	101 ASH STREET, SAN DIEGO CA 92101
Bethany Mayer	director	C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Alan L Boeckmann	director	C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Cynthia Lynn Walker	director	5 GREENWAY PLAZA, HOUSTON TX 77046
Maria Contreras-sweet	director	488 8TH AVENUE, SAN DIEGO CA 92101
Andres Conesa	director	488 8TH AVENUE, SAN DIEGO CA 92101
Michael N Mears	director	ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Jones William D /ca/	director
James C Yardley	director	1001 LOUISIANA STREET, HOUSTON TX 77002
Cynthia J Warner	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Jack T Taylor	director	10951 SANCTUARY DRIVE, SHREVEPORT LA 71106