Direct Nickel (ASX:DIR) LT-Debt-to-Total-Asset : 1.24 (As of Dec. 2014)

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What is Direct Nickel 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. Direct Nickel's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 1.24.

Direct Nickel's long-term debt to total assets ratio increased from Dec. 2013 (0.00) to Dec. 2014 (1.24). It may suggest that Direct Nickel is progressively becoming more dependent on debt to grow their business.

Direct Nickel LT-Debt-to-Total-Asset Historical Data

The historical data trend for Direct Nickel'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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Direct Nickel LT-Debt-to-Total-Asset Chart

Direct Nickel Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

LT-Debt-to-Total-Asset

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1.15

Direct Nickel Semi-Annual Data
	Jun04	Dec04	Jun05	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	1.15	1.24

Direct Nickel LT-Debt-to-Total-Asset Calculation

Direct Nickel'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 )
	=	0.988	/	0.863
	=	1.14

Direct Nickel's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (Q: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )	/	Total Assets (Q: Dec. 2014 )
	=	1.087	/	0.877
	=	1.24

Direct Nickel (ASX:DIR) 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.

Direct Nickel LT-Debt-to-Total-Asset Related Terms

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Direct Nickel (ASX:DIR) Business Description

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Address

Website

http://www.directnickel.com

Direct Nickel Ltd is incorporated and domiciled in Australia. The Company is engaged in the research and development of nickel processing technology within the Oceania region. The Company has operations in Sydney and Perth. It also operates in Indonesia through its subsidiary, PT Direct Nickel with offices in Jakarta and has a 50% interest in a laterite deposit in Papua New Guinea.

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