Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL10.PFD) LT-Debt-to-Total-Asset : 0.27 (As of Mar. 2024)

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What is Cia de Transmissao de Energia Eletrica Paulista 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. Cia de Transmissao de Energia Eletrica Paulista's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.27.

Cia de Transmissao de Energia Eletrica Paulista's long-term debt to total assets ratio increased from Mar. 2023 (0.24) to Mar. 2024 (0.27). It may suggest that Cia de Transmissao de Energia Eletrica Paulista is progressively becoming more dependent on debt to grow their business.

Cia de Transmissao de Energia Eletrica Paulista LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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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Cia de Transmissao de Energia Eletrica Paulista LT-Debt-to-Total-Asset Chart

Cia de Transmissao de Energia Eletrica Paulista Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.17

0.23

0.24

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.20	0.19	0.24	0.27

Cia de Transmissao de Energia Eletrica Paulista LT-Debt-to-Total-Asset Calculation

Cia de Transmissao de Energia Eletrica Paulista'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 )
	=	8615.771	/	35911.156
	=	0.24

Cia de Transmissao de Energia Eletrica Paulista's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	10048.969	/	37956.747
	=	0.26

Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL10.PFD) 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.

Cia de Transmissao de Energia Eletrica Paulista LT-Debt-to-Total-Asset Related Terms

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Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL10.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL10.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CTPZY:USA CTPTY:USA TRPL4:Brazil TRPL3:Brazil

Address

Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004

Website

http://www.transmissaopaulista.com.br

Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

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