Semirara Mining and Power (PHS:SCC) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Semirara Mining and Power 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. Semirara Mining and Power's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Semirara Mining and Power's long-term debt to total assets ratio declined from Sep. 2023 (0.04) to Sep. 2024 (0.02). It may suggest that Semirara Mining and Power is progressively becoming less dependent on debt to grow their business.

Semirara Mining and Power LT-Debt-to-Total-Asset Historical Data

The historical data trend for Semirara Mining and Power'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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Semirara Mining and Power LT-Debt-to-Total-Asset Chart

Semirara Mining and Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.17

0.15

0.08

0.03

Semirara Mining and Power 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															0.04	0.03	0.02	0.02	0.02

Semirara Mining and Power LT-Debt-to-Total-Asset Calculation

Semirara Mining and Power'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 )
	=	2670.63	/	85128.443
	=	0.03

Semirara Mining and Power'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 )
	=	1260.143	/	78387.679
	=	0.02

Semirara Mining and Power (PHS:SCC) 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.

Semirara Mining and Power LT-Debt-to-Total-Asset Related Terms

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Semirara Mining and Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Semirara Mining and Power Corp (PHS:SCC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

2281 Don Chino Roces Avenue Extension, 2nd Floor DMCI Plaza, Makati, RIZ, PHL, 1231

Website

https://www.semiraramining.com

Semirara Mining and Power Corporation is a coal producer in the Philippines. Revenue is generated through open-cut mining of thermal coal in Semirara Island, the generation of energy available for sale through bilateral contracts, electricity markets, and trading. The company has integrated both coal mining and power generation and utilizes its coal mines to fuel its power plants. The company owns two coal-fired plants, which are located in Calaca, Batangas, and are designed to run as base-load plants using coal from Semirara Island.

Semirara Mining and Power Headlines

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