NRG Energy (NRG Energy) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2023)

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What is NRG Energy 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. NRG Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.39.

NRG Energy's long-term debt to total assets ratio increased from Dec. 2022 (0.28) to Dec. 2023 (0.39). It may suggest that NRG Energy is progressively becoming more dependent on debt to grow their business.

NRG Energy LT-Debt-to-Total-Asset Historical Data

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

NRG Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.50

0.60

0.35

0.28

0.39

NRG Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.39	0.38	0.39	0.39

NRG Energy LT-Debt-to-Total-Asset Calculation

NRG Energy'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 )
	=	10261	/	26038
	=	0.39

NRG Energy'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 )
	=	10261	/	26038
	=	0.39

NRG Energy (NYSE:NRG) 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.

NRG Energy LT-Debt-to-Total-Asset Related Terms

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NRG Energy (NRG Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NRG Energy Inc (NYSE:NRG) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

NRA:Germany N1RG34:Brazil

Address

910 Louisiana Street, Houston, TX, USA, 77002

Website

https://www.nrg.com

NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

Executives

Rasesh M. Patel	officer: Exec VP, Vivint	C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Elisabeth B Donohue	director	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Heather Cox	director	804 CARNEGIE CENTER, PRINCETON NJ 08540
Paul W Hobby	director	4400 POST OAK PARKWAY, HOUSTON TX 77027
Lawrence S Coben	director	SUNRISE CAPITAL, 685 THIRD AVE 15TH FLOOR, NEW YORK NY 10017-4024
Mauricio Gutierrez	officer: Exec VP & Chief Operating Ofc	211 CARNEGIE CENTER, PRINCETON NJ 08540
Antonio Carrillo	director	500 N AKARD ST. SUITE 400, DALLAS TX 75201
Bruce Chung	officer: EVP, Strategy and NRG Services	804 CARNEGIE CENTER, PRINCETON NJ 08540
Emily Picarello	officer: Vice Pres & Corp Controller	804 CARNEGIE CENTER, PRINCETON NJ 08540
Robert J Gaudette	officer: Senior VP, Business Solutions	1155 PERIMETER CENTER WEST, ATLANTA GA 30342
Elizabeth R Killinger	officer: Sr. VP & President,NRG Retail	NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher Moser	officer: Exec Vice Pres, Operations	804 CARNEGIE CENTER, PRINCETON NJ 08540
David Callen	officer: Chief Accounting Offficer	NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Alberto Fornaro	officer: Executive Vice Pres & CFO	1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Gaetan Frotte	officer: Interim CFO, Sr VP & Treasurer	804 CARNEGIE CENTER, PRINCETON NJ 08540