**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”`

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:
Where:
- Long-term debt is BS051, bs_lt_borrow
- Total assets is BS036, bs_tot_asset

`Long-term debt to total assets ratio = (Long-term debt / Total assets) * 100`