International Game Technology (FRA:IGT) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2014)

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What is International Game Technology 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. International Game Technology's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.48.

International Game Technology's long-term debt to total assets ratio increased from Dec. 2013 (0.31) to Dec. 2014 (0.48). It may suggest that International Game Technology is progressively becoming more dependent on debt to grow their business.

International Game Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for International Game Technology'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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International Game Technology LT-Debt-to-Total-Asset Chart

International Game Technology Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

LT-Debt-to-Total-Asset

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0.42

0.40

0.43

0.30

0.47

International Game Technology Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.32	0.49	0.47	0.48

International Game Technology LT-Debt-to-Total-Asset Calculation

International Game Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2014 is calculated as

LT Debt to Total Assets (A: Sep. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2014 )	/	Total Assets (A: Sep. 2014 )
	=	1457.794	/	3095.852
	=	0.47

International Game Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (Q: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )	/	Total Assets (Q: Dec. 2014 )
	=	1468.072	/	3088.775
	=	0.48

International Game Technology (FRA:IGT) 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.

International Game Technology LT-Debt-to-Total-Asset Related Terms

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International Game Technology (FRA:IGT) Business Description

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International Game Technology was incorporated in Nevada in December 1980. It is a gaming Company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms land-based, online real-money and social gaming. The Company manages operations in two geographic segments namely North America and International. North America consists of operations in the US and Canada and International encompasses its efforts in all other jurisdictions. The Company has two revenue streams within each business segment gaming operations and product sales. It includes the sales of gaming equipment, systems, services, licensing, and component parts in Product Sales. It provides casino games, gaming equipment and systems technology for land-based and online social gaming and wagering markets under for-sale or revenue sharing arrangements. IGT systems products include infrastructure and applications for casino management, customer relationship management, player management, and server-based gaming. Casino management solutions include integrated modules for machine accounting, patron management, cage and table accounting, ticket-in/ticket-out, bonusing, and table game automation. The Company's competitors include Ainsworth Game Technology Ltd, Aristocrat Leisure Limited, Bally Technologies, Inc., Konami Gaming Inc., Novomatic Group of Companies, and WMS Industries, Inc. At September 30, 2013, the Company held approximately 6,000 patents or patent applications and approximately 4,100 trademarks filed and registered around the world. he manufacture and distribution of casino games, gaming equipment, systems technology, and related services, as well as the operation of casinos, is subject to regulation by a variety of federal, state, international, tribal, and local agencies, with the majority of oversight provided by individual state gaming control boards.