Beijing Energy International Holding Co (Beijing Energy International Holding Co) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2023)

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What is Beijing Energy International Holding 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. Beijing Energy International Holding Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.48.

Beijing Energy International Holding Co's long-term debt to total assets ratio declined from Dec. 2022 (0.51) to Dec. 2023 (0.48). It may suggest that Beijing Energy International Holding Co is progressively becoming less dependent on debt to grow their business.

Beijing Energy International Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Energy International Holding 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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Beijing Energy International Holding Co LT-Debt-to-Total-Asset Chart

Beijing Energy International Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.42

0.48

0.55

0.51

0.48

Beijing Energy International Holding Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.55	0.51	0.51	0.57	0.48

Beijing Energy International Holding Co LT-Debt-to-Total-Asset Calculation

Beijing Energy International Holding 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 )
	=	6056.973	/	12609.731
	=	0.48

Beijing Energy International Holding Co'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 )
	=	6056.973	/	12609.731
	=	0.48

Beijing Energy International Holding Co (OTCPK:PVLTF) 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.

Beijing Energy International Holding Co LT-Debt-to-Total-Asset Related Terms

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Beijing Energy International Holding Co (Beijing Energy International Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Beijing Energy International Holding Co Ltd (OTCPK:PVLTF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

00686:Hong Kong

Address

Shun Tak Centre, 168-200 Connaught Road Central, Unit 1012, 10th Floor, West Tower, Hong Kong, HKG

Website

https://www.bjei.com

Beijing Energy International Holding Co Ltd is principally engaged in the development, investment, operation, and management of solar power plants and other renewable energy projects. It has one reportable segment which is the solar energy segment. It also holds interest in photovoltaic, wind power, hydropower, and other clean energy investment operations.

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