Alliance Creative Group (Alliance Creative Group) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2018)

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What is Alliance Creative Group 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. Alliance Creative Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2018 was 0.03.

Alliance Creative Group's long-term debt to total assets ratio declined from Dec. 2017 (0.04) to Dec. 2018 (0.03). It may suggest that Alliance Creative Group is progressively becoming less dependent on debt to grow their business.

Alliance Creative Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alliance Creative Group'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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Alliance Creative Group LT-Debt-to-Total-Asset Chart

Alliance Creative Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.17

0.16

0.10

0.04

0.03

Alliance Creative Group Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.05	0.04	0.03

Alliance Creative Group LT-Debt-to-Total-Asset Calculation

Alliance Creative Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	0.187	/	7.208
	=	0.03

Alliance Creative Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (Q: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2018 )	/	Total Assets (Q: Dec. 2018 )
	=	0.187	/	7.208
	=	0.03

Alliance Creative Group (OTCPK:ACGX) 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.

Alliance Creative Group LT-Debt-to-Total-Asset Related Terms

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Alliance Creative Group (Alliance Creative Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Alliance Creative Group Inc (OTCPK:ACGX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7366 North Lincoln Avenue, Suite 105, Lincolnwood, IL, USA, 60712

Website

https://www.alliancecreativegroup.com

Alliance Creative Group Inc up is a packaging solutions company focused on Retail Packaging and Packaging Management. It helps its clients from initial concept and packaging development through final production and managed inventory solutions. It is focused on flexible packaging, clear rigid packaging, folding cartons in the food and beverage industry, vendor-managed inventory supply chain services, and fulfillment.