Ecosave Holdings (ASX:ECV) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2015)

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What is Ecosave Holdings 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. Ecosave Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2015 was 0.03.

Ecosave Holdings's long-term debt to total assets ratio declined from Jun. 2014 (0.09) to Jun. 2015 (0.03). It may suggest that Ecosave Holdings is progressively becoming less dependent on debt to grow their business.

Ecosave Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ecosave Holdings'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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Ecosave Holdings LT-Debt-to-Total-Asset Chart

Ecosave Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

LT-Debt-to-Total-Asset

0.04

0.09

0.03

Ecosave Holdings Semi-Annual Data
	Jun12	Jun13	Dec13	Jun14	Dec14	Jun15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.04	0.09	0.02	0.03

Ecosave Holdings LT-Debt-to-Total-Asset Calculation

Ecosave Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (A: Jun. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2015 )	/	Total Assets (A: Jun. 2015 )
	=	0.51	/	20.72
	=	0.02

Ecosave Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (Q: Jun. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2015 )	/	Total Assets (Q: Jun. 2015 )
	=	0.51	/	20.72
	=	0.02

Ecosave Holdings (ASX:ECV) 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.

Ecosave Holdings LT-Debt-to-Total-Asset Related Terms

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Ecosave Holdings (ASX:ECV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ecosave Holdings Ltd (ASX:ECV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ecosave.com.au

Ecosave Holdings Ltd was incorporated on 22 October 2012 as the holding company of Ecosave Pty Limited. The Company provides energy performance contracts, energy and water savings projects, utility management services and consulting services.

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