Datang International Power Generation Co (HKSE:00991) LT-Debt-to-Total-Asset : 0.39 (As of Sep. 2024)

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What is Datang International Power Generation 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. Datang International Power Generation Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.39.

Datang International Power Generation Co's long-term debt to total assets ratio declined from Sep. 2023 (0.40) to Sep. 2024 (0.39). It may suggest that Datang International Power Generation Co is progressively becoming less dependent on debt to grow their business.

Datang International Power Generation Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Datang International Power Generation 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.

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Datang International Power Generation Co LT-Debt-to-Total-Asset Chart

Datang International Power Generation Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.39

0.36

0.38

Datang International Power Generation Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.38	0.38	0.38	0.39

Datang International Power Generation Co LT-Debt-to-Total-Asset Calculation

Datang International Power Generation 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 )
	=	127708.48	/	332507.598
	=	0.38

Datang International Power Generation Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	135249.187	/	344925.443
	=	0.39

Datang International Power Generation Co (HKSE:00991) 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.

Datang International Power Generation Co LT-Debt-to-Total-Asset Related Terms

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Datang International Power Generation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Datang International Power Generation Co Ltd (HKSE:00991) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

BJI:Germany 601991:China

Address

No.9 Guangningbo Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.dtpower.com

Datang International Power Generation Co Ltd is one of five state-controlled independent power producers in China. The power generation businesses of the Company and its subsidiaries cover provinces, municipalities, and autonomous regions across the country, whereas the coal-fired power generators of the Company are centralized in the Beijing-Tianjin-Hebei and southeast coastal regions. The majority of the hydropower projects are located in the southwest region. Wind power and photovoltaic power projects are distributed across the country in areas with abundant resources. The operating segments of the group are the Power and heat generation segment; and Other segments.

Executives

Zhong Guo Da Tang Ji Tuan You Xian Gong Si

2201 Interest of corporation controlled by you

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