Country Road (ASX:CTY) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2013)

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What is Country Road 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. Country Road's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.15.

Country Road's long-term debt to total assets ratio declined from Dec. 2012 (0.18) to Dec. 2013 (0.15). It may suggest that Country Road is progressively becoming less dependent on debt to grow their business.

Country Road LT-Debt-to-Total-Asset Historical Data

The historical data trend for Country Road'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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Country Road LT-Debt-to-Total-Asset Chart

Country Road Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

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Jun10

Jun11

Jun12

Jun13

LT-Debt-to-Total-Asset

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0.15

Country Road Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.18	0.15	0.15

Country Road LT-Debt-to-Total-Asset Calculation

Country Road's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (A: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2013 )	/	Total Assets (A: Jun. 2013 )
	=	65.866	/	435.701
	=	0.15

Country Road's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )	/	Total Assets (Q: Dec. 2013 )
	=	66.157	/	442.201
	=	0.15

Country Road (ASX:CTY) 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.

Country Road LT-Debt-to-Total-Asset Related Terms

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Country Road (ASX:CTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Country Road Ltd (ASX:CTY) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.countryroad.com.au

Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

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