Brookfield Infrastructure (Brookfield Infrastructure) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Brookfield Infrastructure 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. Brookfield Infrastructure's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.46.

Brookfield Infrastructure's long-term debt to total assets ratio increased from Dec. 2022 (0.42) to Dec. 2023 (0.46). It may suggest that Brookfield Infrastructure is progressively becoming more dependent on debt to grow their business.

Brookfield Infrastructure LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brookfield Infrastructure'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.

* Premium members only.

Brookfield Infrastructure LT-Debt-to-Total-Asset Chart

Brookfield Infrastructure Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.49

0.35

0.42

0.46

Brookfield Infrastructure Quarterly Data
	Dec18	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															0.42	0.42	0.44	0.45	0.46

Brookfield Infrastructure LT-Debt-to-Total-Asset Calculation

Brookfield Infrastructure'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 )
	=	11007	/	23909
	=	0.46

Brookfield Infrastructure'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 )
	=	11007	/	23909
	=	0.46

Brookfield Infrastructure (NYSE:BIPC) 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.

Brookfield Infrastructure LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Brookfield Infrastructure's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Brookfield Infrastructure (Brookfield Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Brookfield Infrastructure Corp (NYSE:BIPC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BIPC:Canada

Address

250 Vesey Street, 15th Floor, New York, NY, USA, 10281

Website

https://www.bip.brookfield.com

Brookfield Infrastructure Corp is an indirect subsidiary of the partnership of the diversified infrastructure owner and operators. Its business is comprised of a U.K. regulated distribution operation, a Brazilian regulated natural gas transmission operation and an Australian regulated utility.