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Taqa Morocco (CAS:TQM) Debt-to-Asset : 0.38 (As of Jun. 2023)


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What is Taqa Morocco Debt-to-Asset?

Taqa Morocco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was MAD0 Mil. Taqa Morocco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was MAD8,471 Mil. Taqa Morocco's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was MAD22,206 Mil. Taqa Morocco's debt to asset for the quarter that ended in Jun. 2023 was 0.38.


Taqa Morocco Debt-to-Asset Historical Data

The historical data trend for Taqa Morocco's Debt-to-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.

Taqa Morocco Debt-to-Asset Chart

Taqa Morocco Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.53 0.55 0.50 0.44

Taqa Morocco Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-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 0.51 0.50 0.44 0.44 0.38

Competitive Comparison of Taqa Morocco's Debt-to-Asset

For the Utilities - Independent Power Producers subindustry, Taqa Morocco's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Taqa Morocco's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Taqa Morocco's Debt-to-Asset falls into.



Taqa Morocco Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Taqa Morocco's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(875 + 9090.169) / 22534.465
=0.44

Taqa Morocco's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 8470.619) / 22206.285
=0.38

* 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.


Taqa Morocco  (CAS:TQM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Taqa Morocco Debt-to-Asset Related Terms

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Taqa Morocco (CAS:TQM) Business Description

Traded in Other Exchanges
N/A
Address
B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

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