Alaska Hydro (TSXV:AKH.H) LT-Debt-to-Total-Asset : 5.25 (As of Sep. 2024)

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What is Alaska Hydro 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. Alaska Hydro's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 5.25.

Alaska Hydro's long-term debt to total assets ratio increased from Sep. 2023 (4.79) to Sep. 2024 (5.25). It may suggest that Alaska Hydro is progressively becoming more dependent on debt to grow their business.

Alaska Hydro LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alaska Hydro'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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Alaska Hydro LT-Debt-to-Total-Asset Chart

Alaska Hydro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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1.90

1.10

4.75

4.73

Alaska Hydro Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															4.79	4.73	3.67	2.50	5.25

Alaska Hydro LT-Debt-to-Total-Asset Calculation

Alaska Hydro'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 )
	=	0.071	/	0.015
	=

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.084	/	0.016
	=

Alaska Hydro (TSXV:AKH.H) 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.

Alaska Hydro LT-Debt-to-Total-Asset Related Terms

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Alaska Hydro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alaska Hydro Corp (TSXV:AKH.H) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

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Address

2633 Carnation Street, North Vancouver, BC, CAN, V7H 1H6

Website

https://www.alaskahydro.com

Alaska Hydro Corp is principally engaged in the generation and sale of electricity business activities. It also involved in development, distribution, transmission, and marketing of electrical power. The company operates More Creek Hydroelectric Project with the electric generation power capacity of 306 GWh. It involved in the development of clean, renewable, and Hydroelectric power generation. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Canada.

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