Long-Term Debt/Total Assets (%)

Metadata

  • Id: lt_debt_to_tot_asset
  • Type: fundamentals
  • Subtype: ratios
  • Units: percentage
  • Decimal Points: 2
  • Currency Convertible: No
  • Tags: “long-term debt to total assets ratio”, “long-term debt/total assets”, “long-term debt to assets ratio”, “long-term leverage ratio”, “long-term solvency ratio”

Description

Long-term debt to total assets ratio is a measure of a company’s financial leverage or how much it relies on debt to finance its assets. It shows how much of a company’s total assets are funded by its long-term debt. It is calculated by dividing the long-term debt by the total assets. It is reported as a percentage. The formula for long-term debt to total assets ratio is:
Long-term debt to total assets ratio = (Long-term debt / Total assets) * 100
Where: - Long-term debt is BS051, bs_lt_borrow - Total assets is BS036, bs_tot_asset