The long term debt-to-assets ratio is a measure of the financial leverage of the company. It tells you what percentage of the assets is financed by long term debt. Long-term debt is debt due for repayment in over 12 months and is not included in the current liabilities figure on the balance sheet. It includes mortgages and long-term leases, but not general trading liabilities.
A high ratio usually indicates a higher degree of business risk because the company must meet principal and interest on its obligations. Potential creditors are reluctant to give financing to a company with a high debt position. However, the magnitude of debt depends on the type of business. For example, a bank may have a high debt ratio but its assets are generally liquid. A utility can afford a higher ratio than a manufacturer because its earnings are more stable.
| Ticker | Name | LT Debt / Assets % | StockRank™ |
|---|---|---|---|
| LON:CPP | CPPGroup | -0.24 | 22 |
| ETR:HFG | Hellofresh SE | -0.03 | 8 |
| CVE:MWI.UN | Maplewood International Real Estate Investment Trust | 0 | 96 |
| CVE:HUT | Hut 8 Mining | 0 | 62 |
| KRX:104700 | KISCO | 0 | 76 |
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