Tenaga Nasional Bhd (Tenaga Nasional Bhd) LT-Debt-to-Total-Asset : 0.40 (As of Dec. 2023)

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What is Tenaga Nasional Bhd 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. Tenaga Nasional Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.40.

Tenaga Nasional Bhd's long-term debt to total assets ratio increased from Dec. 2022 (0.39) to Dec. 2023 (0.40). It may suggest that Tenaga Nasional Bhd is progressively becoming more dependent on debt to grow their business.

Tenaga Nasional Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tenaga Nasional Bhd'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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Tenaga Nasional Bhd LT-Debt-to-Total-Asset Chart

Tenaga Nasional Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.39

0.38

0.39

0.40

Tenaga Nasional Bhd 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															0.39	0.41	0.41	0.41	0.40

Tenaga Nasional Bhd LT-Debt-to-Total-Asset Calculation

Tenaga Nasional Bhd'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 )
	=	17672.177	/	43955.26
	=	0.40

Tenaga Nasional Bhd'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 )
	=	17672.177	/	43955.26
	=	0.40

Tenaga Nasional Bhd (OTCPK:TNABY) 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.

Tenaga Nasional Bhd LT-Debt-to-Total-Asset Related Terms

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Tenaga Nasional Bhd (Tenaga Nasional Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tenaga Nasional Bhd (OTCPK:TNABY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5347:Malaysia

Address

No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100

Website

https://www.tnb.com.my

Tenaga Nasional Bhd, or TNB, is the largest electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and sale of electricity. TNB segments its operations into a generation division, a transmission division, and a distribution division. The generation division encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers and the providing of consulting services. The company primarily generates revenue through the sale of electricity in West Malaysia. Its customers are mainly commercial operations, domestic consumers, and large industrial entities.

Tenaga Nasional Bhd (Tenaga Nasional Bhd) Headlines

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