SSE (MEX:SSEP) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is SSE 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. SSE's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

SSE's long-term debt to total assets ratio declined from Sep. 2023 (0.29) to Sep. 2024 (0.27). It may suggest that SSE is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for SSE'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.

SSE LT-Debt-to-Total-Asset Chart

SSE Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.38

0.39

0.31

0.26

0.28

SSE Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.26	0.29	0.28	0.27

SSE LT-Debt-to-Total-Asset Calculation

SSE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	168805.212	/	596161.942
	=	0.28

SSE'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 )
	=	199916.449	/	744410.544
	=	0.27

SSE (MEX:SSEP) 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.

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

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

SSE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SSE PLC (MEX:SSEP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SSEZY:USA SSEZF:USA SSEl:UK SSE:UK SCT:Germany SCT:Germany

Address

200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ

Website

https://www.sse.com

SSE is an integrated utility based in the United Kingdom. The bulk of SSE's profit comes from the company's power generation businesses and its electricity transmission and distribution networks. The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE Headlines

No Headlines