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Genesis Energy (NZSE:GNE) Debt-to-Asset : 0.27 (As of Dec. 2023)


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What is Genesis Energy Debt-to-Asset?

Genesis Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$163 Mil. Genesis Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$1,206 Mil. Genesis Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was NZ$5,166 Mil. Genesis Energy's debt to asset for the quarter that ended in Dec. 2023 was 0.27.


Genesis Energy Debt-to-Asset Historical Data

The historical data trend for Genesis Energy'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.

Genesis Energy Debt-to-Asset Chart

Genesis Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.30 0.27 0.28 0.27

Genesis Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.30 0.28 0.25 0.27 0.27

Competitive Comparison of Genesis Energy's Debt-to-Asset

For the Utilities - Independent Power Producers subindustry, Genesis Energy'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.


Genesis Energy's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

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

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



Genesis Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Genesis Energy's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Genesis Energy's Debt-to-Asset for the quarter that ended in Dec. 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
=(163.3 + 1205.8) / 5165.9
=0.27

* 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.


Genesis Energy  (NZSE:GNE) 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.


Genesis Energy Debt-to-Asset Related Terms

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


Genesis Energy (NZSE:GNE) Business Description

Traded in Other Exchanges
Address
155 Fanshawe Street, Genesis Energy Level 6, Wynyard Quarter, Auckland, NZL, 1010
Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.