GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Power International Inc (OTCPK:HNPIY) » Definitions » Liabilities-to-Assets

Huaneng Power International (Huaneng Power International) Liabilities-to-Assets : 0.68 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Huaneng Power International Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Huaneng Power International's Total Liabilities for the quarter that ended in Mar. 2024 was $51,182 Mil. Huaneng Power International's Total Assets for the quarter that ended in Mar. 2024 was $75,738 Mil. Therefore, Huaneng Power International's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.68.


Huaneng Power International Liabilities-to-Assets Historical Data

The historical data trend for Huaneng Power International's Liabilities-to-Assets 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.

Huaneng Power International Liabilities-to-Assets Chart

Huaneng Power International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.68 0.75 0.75 0.68

Huaneng Power International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.71 0.71 0.70 0.68 0.68

Competitive Comparison of Huaneng Power International's Liabilities-to-Assets

For the Utilities - Independent Power Producers subindustry, Huaneng Power International's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Huaneng Power International's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Huaneng Power International's Liabilities-to-Assets falls into.



Huaneng Power International Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Huaneng Power International's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=51790.807/75790.493
=0.68

Huaneng Power International's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=51181.6/75737.606
=0.68

* 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.


Huaneng Power International  (OTCPK:HNPIY) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Huaneng Power International Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Huaneng Power International's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Huaneng Power International (Huaneng Power International) Business Description

Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (Huaneng Power International) Headlines

From GuruFocus