Duke Energy (BSP:DUKB34) LT-Debt-to-Total-Asset : 0.43 (As of Mar. 2024)

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What is Duke Energy 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. Duke Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.43.

Duke Energy's long-term debt to total assets ratio increased from Mar. 2023 (0.39) to Mar. 2024 (0.43). It may suggest that Duke Energy is progressively becoming more dependent on debt to grow their business.

Duke Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Duke Energy'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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Duke Energy LT-Debt-to-Total-Asset Chart

Duke Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.35

0.36

0.38

0.42

Duke Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															0.39	0.39	0.40	0.42	0.43

Duke Energy LT-Debt-to-Total-Asset Calculation

Duke Energy'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 )
	=	359493.426	/	866740.321
	=	0.41

Duke Energy'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 )
	=	377936.941	/	889740.866
	=	0.42

Duke Energy (BSP:DUKB34) 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.

Duke Energy LT-Debt-to-Total-Asset Related Terms

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Duke Energy (BSP:DUKB34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duke Energy Corp (BSP:DUKB34) » Definitions » LT-Debt-to-Total-Asset

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DUKpA.PFD:USA DUK:USA D2MN:Germany

Address

550 South Tryon Street, Charlotte, NC, USA, 28202-1803

Website

https://www.duke-energy.com

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.

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