Recycling Asset Holdings (Recycling Asset Holdings) LT-Debt-to-Total-Asset : 0.35 (As of Sep. 2019)

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What is Recycling Asset Holdings 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. Recycling Asset Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 0.35.

Recycling Asset Holdings's long-term debt to total assets ratio increased from Sep. 2018 (0.10) to Sep. 2019 (0.35). It may suggest that Recycling Asset Holdings is progressively becoming more dependent on debt to grow their business.

Recycling Asset Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Recycling Asset Holdings'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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Recycling Asset Holdings LT-Debt-to-Total-Asset Chart

Recycling Asset Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.12

0.11

0.19

Recycling Asset Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.19	0.31	0.33	0.35

Recycling Asset Holdings LT-Debt-to-Total-Asset Calculation

Recycling Asset Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	4.218	/	22.48
	=	0.19

Recycling Asset Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (Q: Sep. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2019 )	/	Total Assets (Q: Sep. 2019 )
	=	8.61	/	24.547
	=	0.35

Recycling Asset Holdings (NAS:IDSA) 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.

Recycling Asset Holdings LT-Debt-to-Total-Asset Related Terms

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Recycling Asset Holdings (Recycling Asset Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Recycling Asset Holdings Inc (NAS:IDSA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7100 Grade Lane, Louisville, KY, USA, 40213

Website

http://www.isa-inc.com

Industrial Services of America Inc is a waste and recycling company in the United States. It is engaged in the buying, processing, and marketing of ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The company's business activity falls within a single segment - The Recycling Segment, which provides ferrous and non-ferrous recycling in four locations in the Midwest. It has operating locations in Louisville, Kentucky, and Seymour and New Albany, Indiana.

Executives

Daniel M Rifkin	10 percent owner	6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
David Treadway Russell	director	1720 ENSLEY AVE, LOS ANGELES CA 90024