Ultra Construction & Engineering Co (XKRX:004320) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2016)

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What is Ultra Construction & Engineering Co 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. Ultra Construction & Engineering Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2016 was 0.31.

Ultra Construction & Engineering Co's long-term debt to total assets ratio increased from Sep. 2015 (0.00) to Dec. 2016 (0.31). It may suggest that Ultra Construction & Engineering Co is progressively becoming more dependent on debt to grow their business.

Ultra Construction & Engineering Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ultra Construction & Engineering Co'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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Ultra Construction & Engineering Co LT-Debt-to-Total-Asset Chart

Ultra Construction & Engineering Co Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

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0.28

0.14

0.35

0.32

0.31

Ultra Construction & Engineering Co Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Sep16	Dec16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.32	0.30	0.36	0.31

Ultra Construction & Engineering Co LT-Debt-to-Total-Asset Calculation

Ultra Construction & Engineering Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	47218.247	/	153215.839
	=	0.31

Ultra Construction & Engineering Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (Q: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2016 )	/	Total Assets (Q: Dec. 2016 )
	=	47218.247	/	153215.839
	=	0.31

Ultra Construction & Engineering Co (XKRX:004320) 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.

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Ultra Construction & Engineering Co (XKRX:004320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ultra Construction & Engineering Co Ltd (XKRX:004320) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.ultracons.com

Ultra Construction & Engineering Co., Ltd. offers construction & engineering services. The Company operates through three business divisions: - Civil work, Building work, & Plants work & constructs bridges, roads & sewage treatment plants, among others.

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