Rosseti Kuban PJSC (MIC:KUBE) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Rosseti Kuban PJSC 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. Rosseti Kuban PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Rosseti Kuban PJSC's long-term debt to total assets ratio declined from Sep. 2022 (0.20) to Dec. 2023 (0.16). It may suggest that Rosseti Kuban PJSC is progressively becoming less dependent on debt to grow their business.

Rosseti Kuban PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rosseti Kuban PJSC'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.

Rosseti Kuban PJSC LT-Debt-to-Total-Asset Chart

Rosseti Kuban PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.30

0.26

0.22

0.16

Rosseti Kuban PJSC Quarterly Data
	Mar18	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.22	0.15	0.14	0.16

Rosseti Kuban PJSC LT-Debt-to-Total-Asset Calculation

Rosseti Kuban PJSC'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 )
	=	16740.873	/	106530.267
	=	0.16

Rosseti Kuban PJSC'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 )
	=	16740.873	/	106530.267
	=	0.16

Rosseti Kuban PJSC (MIC:KUBE) 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.

Rosseti Kuban PJSC LT-Debt-to-Total-Asset Related Terms

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

Rosseti Kuban PJSC (MIC:KUBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rosseti Kuban PJSC (MIC:KUBE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, Belovezhskaya Street, Moscow, RUS, 121353

Website

http://www.rosseti.ru

Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

Rosseti Kuban PJSC (MIC:KUBE) Headlines

No Headlines