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Wells Fargo & Co (NYSE:WFC)
Long-Term Debt to Total Assets
0.13 (As of Jun. 2016)

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 Jun. 2016 was 0.13.

Wells Fargo & Co's long-term debt to total assets ratio increased from Jun. 2015 (0.10) to Jun. 2016 (0.13). 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. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )=Long-Term Debt (A: Dec. 2015 )/Total Assets (A: Dec. 2015 )
=199536/1787632
=0.11

Wells Fargo & Co'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 (Q: Jun. 2016 )/Total Assets (Q: Jun. 2016 )
=243927/1889235
=0.13

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ltd2asset 0.180.170.200.160.130.100.090.100.110.11

Wells Fargo & Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ltd2asset 0.100.110.110.110.110.100.110.110.120.13
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