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Wells Fargo & Co (NYSE:WFC)
Long-Term Debt to Total Assets
0.10 (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. Wells Fargo & Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2014 was 0.10.

Wells Fargo & Co's long-term debt to total assets ratio increased from Mar. 2013 (0.09) to Mar. 2014 (0.10). It may suggest that Wells Fargo & Co is progressively becoming more dependent on debt to grow their business.


Definition

Wells Fargo & Co'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 )
=152998/1527015
=0.10

Wells Fargo & Co'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 )
=153422/1546707
=0.10

* 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.

Wells Fargo & Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ltd2asset 0.170.170.180.170.200.160.130.100.090.10

Wells Fargo & Co Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ltd2asset 0.100.100.090.100.090.090.090.100.100.10
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