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:IDP | Innovaderma | -0 | 41 |
| CVE:TK | Tinka Resources | 0 | 67 |
| CVE:TUO | Teuton Resources | 0 | 72 |
| PNK:PGAI | PGI Inc | 0 | 61 |
| ASX:DHR | Dark Horse Resources | 0 | 9 |
Let’s get you setup so you get the most out of our service
Brilliant - You've created a folio! Now let's add some stocks to it.
