Mississippi Power Co (Mississippi Power Co) LT-Debt-to-Total-Asset : 0.33 (As of Jun. 2018)

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What is Mississippi Power Co 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. Mississippi Power Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.33.

Mississippi Power Co's long-term debt to total assets ratio increased from Jun. 2017 (0.21) to Jun. 2018 (0.33). It may suggest that Mississippi Power Co is progressively becoming more dependent on debt to grow their business.

Mississippi Power Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mississippi Power Co'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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Mississippi Power Co LT-Debt-to-Total-Asset Chart

Mississippi Power Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.37

0.24

0.29

0.23

Mississippi Power Co Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.23	0.23	0.31	0.33

Mississippi Power Co LT-Debt-to-Total-Asset Calculation

Mississippi Power Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	1097	/	4866
	=	0.23

Mississippi Power Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )	/	Total Assets (Q: Jun. 2018 )
	=	1522	/	4653
	=	0.33

Mississippi Power Co (OTCPK:MPRWP.PFD) 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.

Mississippi Power Co LT-Debt-to-Total-Asset Related Terms

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Mississippi Power Co (Mississippi Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mississippi Power Co (OTCPK:MPRWP.PFD) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.mississippipower.com

Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.

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