Huaneng Lancang River Hydropower (SHSE:600025) LT-Debt-to-Total-Asset : 0.48 (As of Mar. 2024)

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What is Huaneng Lancang River Hydropower 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. Huaneng Lancang River Hydropower's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.48.

Huaneng Lancang River Hydropower's long-term debt to total assets ratio increased from Mar. 2023 (0.41) to Mar. 2024 (0.48). It may suggest that Huaneng Lancang River Hydropower is progressively becoming more dependent on debt to grow their business.

Huaneng Lancang River Hydropower LT-Debt-to-Total-Asset Historical Data

The historical data trend for Huaneng Lancang River Hydropower'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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Huaneng Lancang River Hydropower LT-Debt-to-Total-Asset Chart

Huaneng Lancang River Hydropower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.49

0.48

0.45

0.49

Huaneng Lancang River Hydropower Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.42	0.45	0.49	0.48

Huaneng Lancang River Hydropower LT-Debt-to-Total-Asset Calculation

Huaneng Lancang River Hydropower'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 )
	=	95021.139	/	195239.265
	=	0.49

Huaneng Lancang River Hydropower's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	93763.386	/	196681.285
	=	0.48

Huaneng Lancang River Hydropower (SHSE:600025) 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.

Huaneng Lancang River Hydropower LT-Debt-to-Total-Asset Related Terms

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Huaneng Lancang River Hydropower (SHSE:600025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Lancang River Hydropower Inc (SHSE:600025) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 1 Century City Middle Road, Guandu District, Kunming, CHN, 650214

Website

http://www.hnlcj.cn

Huaneng Lancang River Hydropower Inc is engaged in the development and operation of Lancang River and the surrounding areas of hydropower resources. The company is also engaged in the exploration of solar photovoltaic, wind power, shale gas and other new energy construction.

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