TAURON Polska Energia (WAR:TPE) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2024)

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What is TAURON Polska Energia 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. TAURON Polska Energia's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.31.

TAURON Polska Energia's long-term debt to total assets ratio increased from Sep. 2023 (0.30) to Sep. 2024 (0.31). It may suggest that TAURON Polska Energia is progressively becoming more dependent on debt to grow their business.

TAURON Polska Energia LT-Debt-to-Total-Asset Historical Data

The historical data trend for TAURON Polska Energia'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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TAURON Polska Energia LT-Debt-to-Total-Asset Chart

TAURON Polska Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.33

0.27

0.35

0.29

TAURON Polska Energia 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															0.30	0.29	0.29	0.28	0.31

TAURON Polska Energia LT-Debt-to-Total-Asset Calculation

TAURON Polska Energia'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 )
	=	14544	/	49798
	=	0.29

TAURON Polska Energia'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 )
	=	14043	/	45797
	=	0.31

TAURON Polska Energia (WAR:TPE) 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.

TAURON Polska Energia LT-Debt-to-Total-Asset Related Terms

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TAURON Polska Energia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TAURON Polska Energia SA (WAR:TPE) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0N2X:UK 1T5:Germany

Address

ul. ks. Piotra Sciegiennego 3, Katowice, POL, 40-114

Website

https://www.tauron.pl

TAURON Polska Energia SA is a Polish joint stock company that operates and has ownership stakes in the energy industry in Eastern and Northern Europe. TAURON Polska Energia is, cumulatively, involved in the production, distribution, and sale of energy and fuel inputs. The company segments its operations into Mining, Generation, Distribution, and Sales. In its Generation division, TAURON Polska Energia operates a portfolio of biomass, coal, gas, and hydro power plants mainly in Poland. Most of its total energy production comes from its conventional, thermal facilities. The company generates the majority of its revenue from the sale of electricity and heat out of its Sales unit. Distribution service revenue and sales made by the Generation division are also significant.

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