Elektro - Eletricidade e Servicos (BSP:EKTR4) LT-Debt-to-Total-Asset : 0.50 (As of Dec. 2024)

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What is Elektro - Eletricidade e Servicos 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. Elektro - Eletricidade e Servicos's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.50.

Elektro - Eletricidade e Servicos's long-term debt to total assets ratio increased from Dec. 2023 (0.42) to Dec. 2024 (0.50). It may suggest that Elektro - Eletricidade e Servicos is progressively becoming more dependent on debt to grow their business.

Elektro - Eletricidade e Servicos LT-Debt-to-Total-Asset Historical Data

The historical data trend for Elektro - Eletricidade e Servicos'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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Elektro - Eletricidade e Servicos LT-Debt-to-Total-Asset Chart

Elektro - Eletricidade e Servicos Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.29

0.39

0.43

0.42

0.50

Elektro - Eletricidade e Servicos Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.40	0.46	0.51	0.50

Elektro - Eletricidade e Servicos LT-Debt-to-Total-Asset Calculation

Elektro - Eletricidade e Servicos's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	5941	/	12011
	=	0.49

Elektro - Eletricidade e Servicos's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	5941	/	12011
	=	0.49

Elektro - Eletricidade e Servicos (BSP:EKTR4) 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.

Elektro - Eletricidade e Servicos LT-Debt-to-Total-Asset Related Terms

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Elektro - Eletricidade e Servicos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elektro - Eletricidade e Servicos SA (BSP:EKTR4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Ary Antenor de Souza 321, 1 Andar, Campinas, SP, BRA, 13053024

Website

http://www.elektro.com.br

Elektro - Eletricidade e Servicos SA is a power distribution company. The company is principally engaged in the transmission, distribution and generation of electric energy for industrial, residential and rural consumption, among others.

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