Alliant Energy (STU:AY1) LT-Debt-to-Total-Asset : 0.40 (As of Mar. 2024)

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What is Alliant 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. Alliant Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.40.

Alliant Energy's long-term debt to total assets ratio declined from Mar. 2023 (0.40) to Mar. 2024 (0.40). It may suggest that Alliant Energy is progressively becoming less dependent on debt to grow their business.

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

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

Alliant Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.38

0.36

0.38

0.39

Alliant 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															0.40	0.40	0.40	0.39	0.40

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

Alliant 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 )
	=	7542.325	/	19474.329
	=	0.39

Alliant 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 )
	=	7842.08	/	19548.16
	=	0.40

Alliant Energy (STU:AY1) 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.

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

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Alliant Energy (STU:AY1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alliant Energy Corp (STU:AY1) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

LNT:USA AY1:Germany

Address

4902 N. Biltmore Lane, Madison, WI, USA, 53718

Website

https://www.alliantenergy.com

Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 985,000 electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.

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