GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Veresen Inc (TSX:VSN.PR.A.PFD) » Definitions » LT-Debt-to-Total-Asset

Veresen (TSX:VSN.PR.A.PFD) LT-Debt-to-Total-Asset : 0.25 (As of Jun. 2017)


View and export this data going back to 2012. Start your Free Trial

What is Veresen 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. Veresen's long-term debt to total assests ratio for the quarter that ended in Jun. 2017 was 0.25.

Veresen's long-term debt to total assets ratio increased from Jun. 2016 (0.20) to Jun. 2017 (0.25). It may suggest that Veresen is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Veresen'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.

Veresen LT-Debt-to-Total-Asset Chart

Veresen Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.36 0.38 0.20 0.20

Veresen Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.20 0.22 0.20 0.30 0.25

Veresen LT-Debt-to-Total-Asset Calculation

Veresen's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )/Total Assets (A: Dec. 2016 )
=903/4572
=0.20

Veresen's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

LT Debt to Total Assets (Q: Jun. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2017 )/Total Assets (Q: Jun. 2017 )
=1082/4264
=0.25

* 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.


Veresen  (TSX:VSN.PR.A.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.


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

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


Veresen (TSX:VSN.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Veresen Inc is an energy infrastructure company based in Calgary, Alberta, Canada. It owns and operates energy infrastructure assets across North America. The Company operates in three business segments, Pipelines, Midstream, and Power. The Company's Pipelines segment owns a 1,330-kilometre pipeline system that transports purity ethane from various Alberta ethane extraction plants to Alberta's major petrochemical complexes located near Joffre and Fort Saskatchewan, Alberta; and also owns a 3,000-kilometre natural gas pipeline comprised of a mainline and various connecting lateral pipelines. This pipeline extends from northeastern B.C. to points near Chicago, Illinois. It's Midstream Business segment is comprised of two natural gas processing plants with combined functional capacity of 516 mmcf/d, as well as approximately 40,000 horsepower of compression and 370 km of gas gathering lines and is located in the Cutbank Ridge region of Alberta and British Columbia. The Hythe plant processes both sour and sweet natural gas, while the Steeprock plant is a sour gas processing facility. While, its Power Business segment operates, a Gas-Fired Generation facility consisting of an 86-MW cogeneration facility located in Windsor, Ontario; 17-MW cogeneration facility located in London, Ontario; 49-MW cogeneration facility located in Ripon, California; 44-MW cogeneration facility located in Pomona, California; and 70-MW combined cycle power cogeneration facility located in Brush, Colorado; an district energy system that produces and distributes steam and chilled water fueled primarily by natural gas, located in London, Ontario; and a district energy system that produces and distributes steam, hot water and electricity fueled primarily by biomass and waste fuel, located in Charlottetown, P.E.I.; a Run-of-River Hydro facility that produces a 33-MW run-of-river hydroelectric power located on the Black River near Watertown, New York; an 11-MW run-of-river power facility located 30 km north of Vancouver, B.C.; two 5-MW waste-heat power generation facilities located at Spectra pipeline's 150 Mile House and Savona, B.C. compressor stations; and a 33-MW wind project under construction in the County of Huron, Ontario; and also operates two wind power facilities, 9-MW and 11-MW, respectively, near Grand Valley, Ontario.

Veresen (TSX:VSN.PR.A.PFD) Headlines

No Headlines