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United States Lime & Minerals Inc (NAS:USLM)
Long-Term Debt to Total Assets
0.08 (As of Mar. 2014)

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 divide by its total assets. United States Lime & Minerals Inc's long-term debt to total assests ratio for the quarter that ended in Mar. 2014 was 0.08.

United States Lime & Minerals Inc's long-term debt to total assets ratio declined from Mar. 2013 (0.12) to Mar. 2014 (0.08). It may suggest that United States Lime & Minerals Inc is progressively becoming less dependent on debt to grow their business.


Definition

United States Lime & Minerals Inc's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=16.667/187.526
=0.09

United States Lime & Minerals Inc's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

LT Debt to Total Assets (Q: Mar. 2014 )=Long-Term Debt (Q: Mar. 2014 )/Total Assets (Q: Mar. 2014 )
=15.417/188.847
=0.08

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Long-Term Debt, Total Assets


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

United States Lime & Minerals Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ltd2asset 0.410.420.390.340.280.210.170.130.120.09

United States Lime & Minerals Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ltd2asset 0.130.150.140.130.120.120.110.100.090.08
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