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Asia Power (SGX:A03) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2013)


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What is Asia 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. Asia Power's long-term debt to total assests ratio for the quarter that ended in Sep. 2013 was 0.23.

Asia Power's long-term debt to total assets ratio increased from Sep. 2012 (0.22) to Sep. 2013 (0.23). It may suggest that Asia Power is progressively becoming more dependent on debt to grow their business.


Asia Power LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia 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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Asia Power LT-Debt-to-Total-Asset Chart

Asia Power Annual Data
Trend Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.08 0.23 0.22 0.20

Asia Power Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.20 0.22 0.24 0.23

Asia Power LT-Debt-to-Total-Asset Calculation

Asia Power's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (A: Dec. 2012 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2012 )/Total Assets (A: Dec. 2012 )
=47.384/235.312
=0.20

Asia Power's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

LT Debt to Total Assets (Q: Sep. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2013 )/Total Assets (Q: Sep. 2013 )
=57.543/250.227
=0.23

* 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.


Asia Power  (SGX:A03) 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.


Asia Power LT-Debt-to-Total-Asset Related Terms

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Asia Power (SGX:A03) Business Description

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Asia Power Corporation Limited is incorporated in Singapore. The Company is engaged in the business of ownership, management and operation of power plants in China. The Company operates under the following segments: Power plant operations which include owning, managing and operating power plants to generate and sell power, heat and steam; Power-related technology which includes design, manufacture and assembly of computerized automation systems which are used for the regulation of electricity flow and protection of power grids; Investment holding and others which include Holding of long-term investments and provision of power related business consultancy and management services.

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