Union Gas (TSX:UNG.PR.D.PFD) LT-Debt-to-Total-Asset : 0.00 (As of . 20)

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What is Union Gas 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. Union Gas's long-term debt to total assests ratio for the quarter that ended in . 20 was 0.00.

Union Gas's long-term debt to total assets ratio stayed the same from . 20 (0.00) to . 20 (0.00).

Union Gas LT-Debt-to-Total-Asset Historical Data

The historical data trend for Union Gas'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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Union Gas LT-Debt-to-Total-Asset Chart

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Union Gas Quarterly Data

LT-Debt-to-Total-Asset

Union Gas LT-Debt-to-Total-Asset Calculation

Union Gas's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Union Gas's Long-Term Debt to Total Asset Ratio for the quarter that ended in . 20 is calculated as

LT Debt to Total Assets (Q: . 20 )	=	Long-Term Debt & Capital Lease Obligation (Q: . 20 )	/	Total Assets (Q: . 20 )
	=		/
	=

Union Gas (TSX:UNG.PR.D.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.

Union Gas LT-Debt-to-Total-Asset Related Terms

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Union Gas (TSX:UNG.PR.D.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Union Gas Ltd (TSX:UNG.PR.D.PFD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

50 Keil Drive North, Chatham, ON, CAN, N7M 5M1

Website

http://www.uniongas.com

Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

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