Auren Energia (BSP:AURE3) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

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What is Auren 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. Auren Energia's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Auren Energia's long-term debt to total assets ratio increased from Mar. 2023 (0.17) to Mar. 2024 (0.21). It may suggest that Auren Energia is progressively becoming more dependent on debt to grow their business.

Auren Energia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Auren 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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Auren Energia LT-Debt-to-Total-Asset Chart

Auren Energia Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.20

0.23

0.17

0.19

Auren Energia Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.17	0.18	0.19	0.19	0.21

Auren Energia LT-Debt-to-Total-Asset Calculation

Auren 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 )
	=	5560.697	/	28994.557
	=	0.19

Auren Energia's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	5673.472	/	27694.357
	=	0.20

Auren Energia (BSP:AURE3) 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.

Auren Energia LT-Debt-to-Total-Asset Related Terms

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Auren Energia (BSP:AURE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Auren Energia SA (BSP:AURE3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Doutora Ruth Cardoso, 8501, 2nd Floor, Room 11, Pinheiros, Sao Paulo, SP, BRA, CEP 05425-070

Website

https://www.aurenenergia.com.br

Auren Energia SA operates as an energy company. Its activity includes Wind power generation, Hydropower generation, Sale of energy and Holding and Pipeline projects.

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