Atlas African Industries (LSE:AAI) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2016)

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What is Atlas African Industries 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. Atlas African Industries's long-term debt to total assests ratio for the quarter that ended in Jun. 2016 was 0.00.

Atlas African Industries's long-term debt to total assets ratio stayed the same from Jun. 2014 (0.00) to Jun. 2016 (0.00).

Atlas African Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Atlas African Industries'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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Atlas African Industries LT-Debt-to-Total-Asset Chart

Atlas African Industries Annual Data

Trend

Dec11

Dec12

Jun13

Jun14

LT-Debt-to-Total-Asset

0.11

Atlas African Industries Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.11	0.08	-	-	-

Atlas African Industries LT-Debt-to-Total-Asset Calculation

Atlas African Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (A: Jun. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2014 )	/	Total Assets (A: Jun. 2014 )
	=	0	/	11.405
	=

Atlas African Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (Q: Jun. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2016 )	/	Total Assets (Q: Jun. 2016 )
	=	0	/	5.121
	=	0.00

Atlas African Industries (LSE:AAI) 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.

Atlas African Industries LT-Debt-to-Total-Asset Related Terms

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Atlas African Industries (LSE:AAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlas African Industries Ltd (LSE:AAI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.atlassupport.com

Atlas African Industries Ltd, formerly known as Atlas Development & Support Services Ltd, was incorporated in Guernsey under the Law on December 5, 2012. The Company has a Joint Venture agreement with Ethiopian conglomerate Orchid Group to provide services in civil engineering and project management offering into industrial projects. The Company's operates in industrial division and support services division. Its 100% owned subsidiary, East Africa Packaging Holdings, is focused glass bottle manufacturing facility 45km north of Addis Ababa, Ethiopia known as the Chancho Project. The Chancho Project is in feasibility stage with a defined development strategy to construct and operate a glass bottle manufacturing facility. The JV provides services to clients in the natural resource development and infrastructure sectors, through civil engineering, project management, work-force accommodation solutions and on-going life support services.

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