Capital Power (Capital Power) LT-Debt-to-Total-Asset : 0.37 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Capital Power 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. Capital Power's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.37.

Capital Power's long-term debt to total assets ratio increased from Mar. 2023 (0.36) to Mar. 2024 (0.37). It may suggest that Capital Power is progressively becoming more dependent on debt to grow their business.

Capital Power LT-Debt-to-Total-Asset Historical Data

The historical data trend for Capital Power'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.

* Premium members only.

Capital Power LT-Debt-to-Total-Asset Chart

Capital Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.31

0.37

0.38

Capital Power 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															0.36	0.37	0.33	0.38	0.37

Capital Power LT-Debt-to-Total-Asset Calculation

Capital Power'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 )
	=	3179.785	/	8315.444
	=	0.38

Capital Power'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 )
	=	3116.874	/	8435.284
	=	0.37

Capital Power (OTCPK:CPXWF) 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.

Capital Power LT-Debt-to-Total-Asset Related Terms

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

Capital Power (Capital Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Capital Power Corp (OTCPK:CPXWF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CPWPF.PFD:USA CPRHF.PFD:USA 2CP:Germany CPX.PR.K.PFD:Canada CPX.PR.E.PFD:Canada CPX.PR.C.PFD:Canada CPX.PR.A.PFD:Canada CPX:Canada

Address

10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9

Website

https://www.capitalpower.com

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (Capital Power) Headlines

From GuruFocus

Capital Power declares dividends for its Common and Preference shares

By GlobeNewswire GlobeNewswire • 10-26-2018

Capital Power announces its inaugural Green Subordinated Notes offering

By GlobeNewswire GlobeNewswire • 08-19-2022

MEDIA ADVISORY - Capital Power and Ontario Power Generation (OPG) Joint Announcement

By GlobeNewswire • 01-12-2024

Capital Power announces conversion results for its Preferred Shares (Series 5)

By GlobeNewswire GlobeNewswire • 06-16-2023

Capital Power hosts 2024 guidance webcast on January 16

By GlobeNewswire • 01-15-2024

Capital Power announces C$850 million medium term notes offering

By GlobeNewswire • 11-29-2023

Capital Power declares dividends for its Common and Preference shares

By GlobeNewswire GlobeNewswire • 02-15-2019