Huadian Power International (SHSE:600027) LT-Debt-to-Total-Asset : 0.29 (As of Mar. 2024)

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What is Huadian Power International 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. Huadian Power International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.29.

Huadian Power International's long-term debt to total assets ratio declined from Mar. 2023 (0.42) to Mar. 2024 (0.29). It may suggest that Huadian Power International is progressively becoming less dependent on debt to grow their business.

Huadian Power International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Huadian Power International'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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Huadian Power International LT-Debt-to-Total-Asset Chart

Huadian Power International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.34

0.32

0.34

0.38

0.32

Huadian Power International 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															0.42	0.37	0.35	0.32	0.29

Huadian Power International LT-Debt-to-Total-Asset Calculation

Huadian Power International'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 )
	=	71441.779	/	223036.299
	=	0.32

Huadian Power International'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 )
	=	63684.413	/	221484.905
	=	0.29

Huadian Power International (SHSE:600027) 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.

Huadian Power International LT-Debt-to-Total-Asset Related Terms

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Huadian Power International (SHSE:600027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Huadian Power International Corp Ltd (SHSE:600027) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

01071:Hong Kong SHX:Germany

Address

No. 2 Xuanwumennei Street, Xicheng District, Beijing, CHN, 100031

Website

https://www.hdpi.com.cn

Huadian Power International Corp Ltd is engaged in the generation of electricity and heat, sales of coal and other relevant businesses in the PRC.

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