Huaneng Renewables (HKSE:00958) Debt-to-Asset : 0.57 (As of Jun. 2019)

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What is Huaneng Renewables Debt-to-Asset?

Huaneng Renewables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was HK$27,139 Mil. Huaneng Renewables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was HK$31,878 Mil. Huaneng Renewables's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2019 was HK$103,710 Mil. Huaneng Renewables's debt to asset for the quarter that ended in Jun. 2019 was 0.57.

Huaneng Renewables Debt-to-Asset Historical Data

The historical data trend for Huaneng Renewables's Debt-to-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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Huaneng Renewables Debt-to-Asset Chart

Huaneng Renewables Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Asset

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0.64

0.63

0.62

0.60

0.58

Huaneng Renewables Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Debt-to-Asset	Get a 7-Day Free Trial														0.60	0.60	0.59	0.58	0.57

Competitive Comparison of Huaneng Renewables's Debt-to-Asset

For the Utilities - Renewable subindustry, Huaneng Renewables'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.

Huaneng Renewables's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

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

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

Huaneng Renewables Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Huaneng Renewables's Debt-to-Asset for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(25088.435	+	33329.548)	/	100724.571
	=	0.58

Huaneng Renewables's Debt-to-Asset for the quarter that ended in Jun. 2019 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(27138.601	+	31877.853)	/	103710.448
	=	0.57

Huaneng Renewables (HKSE:00958) 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.

Huaneng Renewables Debt-to-Asset Related Terms

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Huaneng Renewables (HKSE:00958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Renewables Corp Ltd (HKSE:00958) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23A Fuxing Road, 10-11 Floor, Haidian District, Beijing, CHN

Website

http://www.hnr.com.cn

Huaneng Renewables Corp Ltd is a Chinese electric utility of which the China Huaneng Group, one of the largest state-owned electric utility companies in China, owns a majority stake. Huaneng Renewables invests in, constructs, acquires, and operates renewable energy projects throughout China. Primarily, these projects take the form of onshore and offshore wind farms in northern China and solar power generating facilities in central China. The company generates the vast majority of its revenue by selling electricity produced at its alternative energy projects. Most of the energy generated by the firm comes from its wind power plants, while its solar power plants also produce a substantial amount.

Huaneng Renewables (HKSE:00958) Headlines

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