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Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2024)


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What is Equatorial MaranhaoDistribuidora de Energia 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. Equatorial MaranhaoDistribuidora de Energia's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.32.

Equatorial MaranhaoDistribuidora de Energia's long-term debt to total assets ratio increased from Dec. 2023 (0.30) to Dec. 2024 (0.32). It may suggest that Equatorial MaranhaoDistribuidora de Energia is progressively becoming more dependent on debt to grow their business.

Equatorial MaranhaoDistribuidora de Energia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Equatorial MaranhaoDistribuidora de Energia'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.

Equatorial MaranhaoDistribuidora de Energia LT-Debt-to-Total-Asset Chart

Equatorial MaranhaoDistribuidora de Energia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.26 0.30 0.32

Equatorial MaranhaoDistribuidora de Energia 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 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 0.30 0.28 0.27 0.27 0.32

Equatorial MaranhaoDistribuidora de Energia LT-Debt-to-Total-Asset Calculation

Equatorial MaranhaoDistribuidora de Energia'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 )
=3636.434/11250.01
=0.32

Equatorial MaranhaoDistribuidora de Energia'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 )
=3636.434/11250.01
=0.32

* 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.

Equatorial MaranhaoDistribuidora de Energia  (BSP:EQMA3B) 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.

Equatorial MaranhaoDistribuidora de Energia LT-Debt-to-Total-Asset Related Terms

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Equatorial MaranhaoDistribuidora de Energia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Equatorial MaranhaoDistribuidora de Energia SA (BSP:EQMA3B) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
Alameda A, Qd SQS, No. 100, Quiteandinha Altos do Calhau, Sao Luis, MA, BRA, 65070-900
Website
https://www.equatorialenergia.com.br
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.

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