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Emera (TSX:EMA) LT-Debt-to-Total-Asset : 0.42 (As of Dec. 2024)


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What is Emera 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. Emera's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.42.

Emera's long-term debt to total assets ratio declined from Dec. 2023 (0.45) to Dec. 2024 (0.42). It may suggest that Emera is progressively becoming less dependent on debt to grow their business.

Emera LT-Debt-to-Total-Asset Historical Data

The historical data trend for Emera'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.

Emera LT-Debt-to-Total-Asset Chart

Emera Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.42 0.40 0.45 0.42

Emera Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.45 0.45 0.43 0.42

Emera LT-Debt-to-Total-Asset Calculation

Emera'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 )
=18173/42951
=0.42

Emera's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=18173/42951
=0.42

* 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.

Emera  (TSX:EMA) 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.

Emera LT-Debt-to-Total-Asset Related Terms

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Emera Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Emera Inc (TSX:EMA) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
TSX:H TSX:FTS TSX:CUP.U NEE SO DUK LSE:NG. AEP D EXC PEG XEL ETR BOM:532555 PCG ED WEC SHSE:601985 BOM:532898 DTE
Traded in Other Exchanges
ERRAF.PFD:USA EMRAF:USA C61:Germany C61:Germany EMA.PR.J.PFD:Canada EMA.PR.H.PFD:Canada EMA.PR.F.PFD:Canada EMA.PR.E.PFD:Canada EMA.PR.C.PFD:Canada EMA.PR.B.PFD:Canada EMA.PR.A.PFD:Canada
Address
5151 Terminal Road, Emera Place, Halifax, NS, CAN, B3J 1A1
Website
https://www.emera.com
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.
Executives
Scott Carlyle Balfour Director, Senior Officer
Carla Tully Director
Brian J Porter Director
David Arthur Pickles Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Karen Sheriff Director
Sandra Greer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ian Edward Robertson Director
Robert Ross Bennett Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
R. Michael Roberts Senior Officer
James Vance Bertram Director
Daniel Muldoon Senior Officer
James Lee Bragg Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Judy Ann Steele Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Mark Sidebottom Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Holden Gregg Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Emera Headlines

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