China Datang Renewable Power Co (FRA:DT7) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is China Datang Renewable Power Co 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. China Datang Renewable Power Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.46.

China Datang Renewable Power Co's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Dec. 2023 (0.46). It may suggest that China Datang Renewable Power Co is progressively becoming more dependent on debt to grow their business.

China Datang Renewable Power Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Datang Renewable Power Co'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.

China Datang Renewable Power Co LT-Debt-to-Total-Asset Chart

China Datang Renewable Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.49

0.45

0.46

0.47

0.46

China Datang Renewable Power Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.45	0.51	0.46	-

China Datang Renewable Power Co LT-Debt-to-Total-Asset Calculation

China Datang Renewable Power Co'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 )
	=	5949.787	/	13041.238
	=	0.46

China Datang Renewable Power Co'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 )
	=	5949.787	/	13041.238
	=	0.46

China Datang Renewable Power Co (FRA:DT7) 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.

China Datang Renewable Power Co LT-Debt-to-Total-Asset Related Terms

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

China Datang Renewable Power Co (FRA:DT7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Datang Corp Renewable Power Co Ltd (FRA:DT7) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

01798:Hong Kong DT7:Germany

Address

No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053

Website

http://www.cdt-re.com

Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 12.7 gigawatts as of the end of 2022, representing 3.5% of the nationwide wind capacity. About 89.4% of the total installed capacity is wind power. The company also operates solar and gas-fired power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of 65.61%.

China Datang Renewable Power Co (FRA:DT7) Headlines

No Headlines