Continental Coal (ASX:CCC) LT-Debt-to-Total-Asset: 0.15 (As of Jun. 2014)


What is Continental Coal LT-Debt-to-Total-Asset?

Continental Coal ASX:CCC LT-Debt-to-Total-Asset is 0.15 as of Jun. 2014. The stock has 4 warning signs investors should review.

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. Continental Coal's long-term debt to total assests ratio for the quarter that ended in Jun. 2014 was 0.15.

Continental Coal's long-term debt to total assets ratio declined from Jun. 2013 (0.31) to Jun. 2014 (0.15). It may suggest that Continental Coal is progressively becoming less dependent on debt to grow their business.

Continental Coal  (ASX:CCC) 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.

Continental Coal LT-Debt-to-Total-Asset Related Terms

Continental Coal LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Continental Coal'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.

Continental Coal LT-Debt-to-Total-Asset Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
LT-Debt-to-Total-Asset
0.08 0.19 0.31 0.15

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.19 0.25 0.31 0.00 0.15

Continental Coal LT-Debt-to-Total-Asset Calculation

Continental Coal's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (A: Jun. 2014 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2014 )/Total Assets (A: Jun. 2014 )
=22.792/149.899
=0.15

Continental Coal's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (Q: Jun. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2014 )/Total Assets (Q: Jun. 2014 )
=22.792/149.899
=0.15

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.15 mean?
Continental Coal (ASX:CCC) has a LT-Debt-to-Total-Asset of 0.15 as of Jun. 2014. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Continental Coal and its competitors.
Is Continental Coal's LT-Debt-to-Total-Asset too high?
Continental Coal's current LT-Debt-to-Total-Asset is 0.15.
How does Continental Coal's LT-Debt-to-Total-Asset compare to competitors?
Continental Coal's LT-Debt-to-Total-Asset of 0.15 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Steel company?
A good LT-Debt-to-Total-Asset depends on the Steel industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Continental Coal and its competitors. Continental Coal's current LT-Debt-to-Total-Asset is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current LT-Debt-to-Total-Asset of 0.15. The current LT-Debt-to-Total-Asset is 0.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current LT-Debt-to-Total-Asset is 0.15 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.