GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Castparts Corp (NYSE:PCP) » Definitions » LT-Debt-to-Total-Asset

Precision Castparts (Precision Castparts) LT-Debt-to-Total-Asset : 0.22 (As of Sep. 2015)


View and export this data going back to . Start your Free Trial

What is Precision Castparts 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. Precision Castparts's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.22.

Precision Castparts's long-term debt to total assets ratio increased from Sep. 2014 (0.20) to Sep. 2015 (0.22). It may suggest that Precision Castparts is progressively becoming more dependent on debt to grow their business.


Precision Castparts LT-Debt-to-Total-Asset Historical Data

The historical data trend for Precision Castparts'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.

* Premium members only.

Precision Castparts LT-Debt-to-Total-Asset Chart

Precision Castparts Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.21 0.19 0.18

Precision Castparts Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.18 0.18 0.23 0.22

Precision Castparts LT-Debt-to-Total-Asset Calculation

Precision Castparts's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2015 is calculated as

LT Debt to Total Assets (A: Mar. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2015 )/Total Assets (A: Mar. 2015 )
=3493/19428
=0.18

Precision Castparts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )/Total Assets (Q: Sep. 2015 )
=4491/20189
=0.22

* 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.


Precision Castparts  (NYSE:PCP) 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.


Precision Castparts LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Precision Castparts's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Precision Castparts (Precision Castparts) Business Description

Traded in Other Exchanges
N/A
Address
Precision Castparts Corp was incorporated in the State of Oregon. The Company is a manufacturer of complex metal components and products provides high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and power applications. It also provides investment castings and forgings for general industrial, armament, medical and other applications; nickel alloys and mill forms, as well as cobalt alloys, for the aerospace, chemical processing, oil and gas, pollution control and other industries; seamless pipe for coal-fired, industrial gas turbine, and nuclear power plants, as well as oil and gas applications; fasteners for automotive and general industrial markets; specialty alloys for the investment casting industry; refiner plates, screen cylinders and other products for the pulp and paper industry; metal-injection-molded and ThixoFormedparts for automotive and other markets; grinder pumps and affiliated components for low pressure sewer systems; critical auxiliary equipment and gas monitoring systems for the power generation industry; and metalworking tools for the fastener market and other applications. It manufactures complex metal components and products in three main business segments: Investment Cast Products, Forged Products and Fastener Products. The Company's Investment Cast Products segment manufactures investment castings for aircraft engines, IGT engines, airframes, medical prostheses, armament, unmanned aerial vehicles and other industrial applications. The segment also provides alloys to PCC's investment casting operations, as well as to other investment casting companies. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. The Company's main competitors are Ladish Co., a subsidiary of Allegheny Technologies, Inc., Fortech, S.A. and Thyssen AG for aerospace turbine products, Alcoa Inc. and Firth Rixson Limited for aerospace structural products, Vallourec & Mannesmann Tubes and Sumitomo Corporation for energy products and Allegheny Technologies, Inc., Carpenter Technology Corporation, Haynes International, Inc., an
Executives
Ulrich Schmidt director PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Richard L Wambold director C/O PACTIV CORP, 1900 W FIELD COURT, LAKE FOREST IL 60045
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432
Timothy A Wicks director C/O PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Andrew Masterman officer: EVP, Pres. Wyman-Gordon 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
Kevin M Stein officer: Exec VP TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Steven G Rothmeier director C/O E.W BLANCH HOLDINGS INC, 500 N. AKARD #4500, DALLAS TX 75201
Russell S Pattee officer: VP and Corporate Controller PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Chris Ayers officer: Exec. VP, Pres. PCC Forgings 4650 S.W. MACADAM, SUITE #440, PORTLAND OR 97239
William D Larsson officer: Sr. VP and CFO 35 SHARPS CIRCLE, RENO NV 89519
Byron O Pond director C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409
Wayne F Robbins officer: President; PCC Flow Technologi 4650 SW MACADAM, STE 440, PORTLAND OR 97239

Precision Castparts (Precision Castparts) Headlines

From GuruFocus

Sequoia Fund Comments on Precision Castparts

By Holly LaFon Holly LaFon 08-27-2015

Glean Information from Option Action

By Dr. Paul Price Dr. Paul Price 04-16-2015

Companies Reach Their Year-Long High Stock Prices

By Jimmy Xiao Jimmy Xiao 01-12-2016

Mario Gabelli Sells 50 Stakes in 1st Quarter

By David Goodloe David Goodloe 05-06-2016

Mario Gabelli Comments on Precision Castparts Corp

By Holly LaFon Holly LaFon 01-29-2016

Jeff Ubben Bought Wesco, Precision Castparts During Q1

By Tiziano Frateschi Tiziano Frateschi 06-01-2015