Valener (TSX:VNR.PR.A.PFD) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2019)

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What is Valener 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. Valener's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.08.

Valener's long-term debt to total assets ratio declined from Jun. 2018 (0.10) to Jun. 2019 (0.08). It may suggest that Valener is progressively becoming less dependent on debt to grow their business.

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

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

Valener Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

LT-Debt-to-Total-Asset

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0.08

0.14

0.10

0.11

0.09

Valener Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.09	0.08	0.08

Valener LT-Debt-to-Total-Asset Calculation

Valener's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (A: Sep. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2018 )	/	Total Assets (A: Sep. 2018 )
	=	85.867	/	927.988
	=	0.09

Valener's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )	/	Total Assets (Q: Jun. 2019 )
	=	78.581	/	960.058
	=	0.08

Valener (TSX:VNR.PR.A.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.

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

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Valener (TSX:VNR.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Valener Inc (TSX:VNR.PR.A.PFD) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

1717 du Havre Street, Montreal, QC, CAN, H2K 2X3

Website

http://www.valener.com

Valener Inc is an investment holding company engaged in the regulated energy business in the United States and Canada through Gaz Metro. Its core business operations involve natural gas distribution in Quebec and Vermont as well as electricity distribution in Vermont. The company through its subsidiaries holds the interest in wind farm business. It serves more than 200,000 customers in Quebec and over 310,000 customers in Vermont.

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