Redeiaoracion (FRA:RE21) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)

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What is Redeiaoracion 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. Redeiaoracion's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Redeiaoracion's long-term debt to total assets ratio stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

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

The historical data trend for Redeiaoracion'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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Redeiaoracion LT-Debt-to-Total-Asset Chart

Redeiaoracion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.44

0.42

0.50

0.42

0.37

Redeiaoracion Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.37	-	0.36	-

Redeiaoracion LT-Debt-to-Total-Asset Calculation

Redeiaoracion's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	5509.467	/	14781.52
	=	0.37

Redeiaoracion's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0	/	14566
	=	0.00

Redeiaoracion (FRA:RE21) 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.

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

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Redeiaoracion (FRA:RE21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Redeia Corporacion SA (FRA:RE21) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RDEIY:USA RDEIF:USA 1REE:Italy REDe:UK 0RI5:UK RED:Spain RE21:Germany

Address

Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109

Website

https://www.ree.es

Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion (FRA:RE21) Headlines

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