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IEC Electronics LT-Debt-to-Total-Asset

: 0.31 (As of Jun. 2019)
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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. IEC Electronics's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.31.

IEC Electronics's long-term debt to total assets ratio declined from Jun. 2018 (0.37) to Jun. 2019 (0.31). It may suggest that IEC Electronics is progressively becoming less dependent on debt to grow their business.


IEC Electronics LT-Debt-to-Total-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

IEC Electronics Annual Data
Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.42 0.33 0.37 0.26

IEC Electronics Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.26 0.27 0.32 0.31

IEC Electronics LT-Debt-to-Total-Asset Calculation

IEC Electronics's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (A: Sep. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2018 )/Total Assets (A: Sep. 2018 )
=23.029/90.448
=0.25

IEC Electronics's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )/Total Assets (Q: Jun. 2019 )
=33.394/108.891
=0.31

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


IEC Electronics  (AMEX:IEC) 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.


IEC Electronics LT-Debt-to-Total-Asset Related Terms


IEC Electronics LT-Debt-to-Total-Asset Headlines

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