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HK Electric Investments and HK Electric Investments (HKSE:02638) Debt-to-Asset : 0.42 (As of Dec. 2023)


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What is HK Electric Investments and HK Electric Investments Debt-to-Asset?

HK Electric Investments and HK Electric Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$761 Mil. HK Electric Investments and HK Electric Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$49,448 Mil. HK Electric Investments and HK Electric Investments's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$118,540 Mil. HK Electric Investments and HK Electric Investments's debt to asset for the quarter that ended in Dec. 2023 was 0.42.


HK Electric Investments and HK Electric Investments Debt-to-Asset Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

* Premium members only.

HK Electric Investments and HK Electric Investments Debt-to-Asset Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.40 0.41 0.42 0.42

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.42 0.42 0.43 0.42

Competitive Comparison of HK Electric Investments and HK Electric Investments's Debt-to-Asset

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Debt-to-Asset falls into.



HK Electric Investments and HK Electric Investments Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HK Electric Investments and HK Electric Investments's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

HK Electric Investments and HK Electric Investments's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.


HK Electric Investments and HK Electric Investments Debt-to-Asset Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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