Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Brookfield Renewable Partners LP 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. Brookfield Renewable Partners LP's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.34.

Brookfield Renewable Partners LP's long-term debt to total assets ratio declined from Dec. 2022 (0.36) to Dec. 2023 (0.34). It may suggest that Brookfield Renewable Partners LP is progressively becoming less dependent on debt to grow their business.

Brookfield Renewable Partners LP LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brookfield Renewable Partners LP'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.

Brookfield Renewable Partners LP LT-Debt-to-Total-Asset Chart

Brookfield Renewable Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.35

0.36

0.34

Brookfield Renewable Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.35	0.35	0.35	0.34

Brookfield Renewable Partners LP LT-Debt-to-Total-Asset Calculation

Brookfield Renewable Partners LP'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 )
	=	34202.75	/	102133.325
	=	0.33

Brookfield Renewable Partners LP'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 )
	=	34202.75	/	102133.325
	=	0.33

Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) 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.

Brookfield Renewable Partners LP LT-Debt-to-Total-Asset Related Terms

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

Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BEPpA.PFD:USA BEP:USA BEP.PR.O.PFD:Canada BEP.UN:Canada BEP.PR.G.PFD:Canada

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bep.brookfield.com

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable Partners LP (TSX:BEP.PR.M.PFD) Headlines

No Headlines