AES Tiete Energia (BSP:TIET3) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2020)

View and export this data going back to 2008. Start your Free Trial

What is AES Tiete 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. AES Tiete Energia's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.47.

AES Tiete Energia's long-term debt to total assets ratio declined from Dec. 2019 (0.49) to Dec. 2020 (0.47). It may suggest that AES Tiete Energia is progressively becoming less dependent on debt to grow their business.

AES Tiete Energia LT-Debt-to-Total-Asset Historical Data

The historical data trend for AES Tiete 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.

AES Tiete Energia LT-Debt-to-Total-Asset Chart

AES Tiete Energia Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.38

0.53

0.49

0.47

AES Tiete Energia Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.49	0.48	0.46	0.47	0.47

AES Tiete Energia LT-Debt-to-Total-Asset Calculation

AES Tiete Energia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	4708.81	/	10034.488
	=	0.47

AES Tiete Energia's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	4708.81	/	10034.488
	=	0.47

AES Tiete Energia (BSP:TIET3) 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.

AES Tiete Energia LT-Debt-to-Total-Asset Related Terms

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

AES Tiete Energia (BSP:TIET3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Tiete Energia SA (BSP:TIET3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida das Nacoes Unidas, 12.495, 12th Floor, Condominio Centro Empresarial Berrini, Brooklin Paulista, Barueri, SP, BRA, 6460040

Website

https://www.aestiete.com.br

AES Tiete Energia SAis a Brazil-based company engaged in the renewable utility sector. It operates as concessionaire for the use of public assets to generate and trade electric power as Independent Electric Energy Producer. The business activities of generating power are carried out through hydroelectric, wind and solar power plants. The group derives most of the revenue from electricity sales with all operations and sales in Brazil.

AES Tiete Energia (BSP:TIET3) Headlines

No Headlines