CGN Power Co (SZSE:003816) LT-Debt-to-Total-Asset : 0.38 (As of Mar. 2025)

View and export this data going back to 2019. Start your Free Trial

What is CGN Power 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. CGN Power Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.38.

CGN Power Co's long-term debt to total assets ratio declined from Mar. 2024 (0.38) to Mar. 2025 (0.38). It may suggest that CGN Power Co is progressively becoming less dependent on debt to grow their business.

CGN Power Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for CGN Power 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.

* Premium members only.

CGN Power Co LT-Debt-to-Total-Asset Chart

CGN Power Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.42

0.41

0.40

0.39

0.37

CGN Power Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.38	0.37	0.37	0.38

CGN Power Co LT-Debt-to-Total-Asset Calculation

CGN Power Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	158969.985	/	425400.655
	=	0.37

CGN Power Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	163585.744	/	432399.846
	=	0.38

CGN Power Co (SZSE:003816) 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.

CGN Power Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of CGN Power Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CGN Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » CGN Power Co Ltd (SZSE:003816) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

01816:Hong Kong 94C:Germany

Address

No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.cgnp.com.cn

CGN Power is a major nuclear power producer in China. It operates 28 nuclear power generating units (total installed capacity of 31.8 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2024. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.

Executives

Chen Ying Jian	Executives
Yin En Gang	Executives

CGN Power Co Headlines

No Headlines