Light (BSP:LIGT3) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Light 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. Light's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Light's long-term debt to total assets ratio declined from Dec. 2022 (0.41) to Dec. 2023 (0.01). It may suggest that Light is progressively becoming less dependent on debt to grow their business.

Light LT-Debt-to-Total-Asset Historical Data

The historical data trend for Light'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.

Light LT-Debt-to-Total-Asset Chart

Light Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.31

0.28

0.33

0.41

0.01

Light Quarterly Data
	Mar19	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															0.41	0.40	0.01	0.01	0.01

Light LT-Debt-to-Total-Asset Calculation

Light'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 )
	=	199.947	/	23716.936
	=	0.01

Light'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 )
	=	199.947	/	23716.936
	=	0.01

Light (BSP:LIGT3) 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.

Light LT-Debt-to-Total-Asset Related Terms

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

Light (BSP:LIGT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (BSP:LIGT3) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

LGSXY:USA

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.

Light (BSP:LIGT3) Headlines

No Headlines