Energy Developments (ASX:ENE) LT-Debt-to-Total-Asset : 0.48 (As of Jun. 2015)

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What is Energy Developments 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. Energy Developments's long-term debt to total assests ratio for the quarter that ended in Jun. 2015 was 0.48.

Energy Developments's long-term debt to total assets ratio declined from Jun. 2014 (0.49) to Jun. 2015 (0.48). It may suggest that Energy Developments is progressively becoming less dependent on debt to grow their business.

Energy Developments LT-Debt-to-Total-Asset Historical Data

The historical data trend for Energy Developments'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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Energy Developments LT-Debt-to-Total-Asset Chart

Energy Developments Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

LT-Debt-to-Total-Asset

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0.42

0.55

0.49

0.48

Energy Developments Semi-Annual Data
	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.49	0.53	0.49	0.51	0.48

Energy Developments LT-Debt-to-Total-Asset Calculation

Energy Developments'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 )
	=	502.562	/	1045.237
	=	0.48

Energy Developments'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 )
	=	502.562	/	1045.237
	=	0.48

Energy Developments (ASX:ENE) 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.

Energy Developments LT-Debt-to-Total-Asset Related Terms

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Energy Developments (ASX:ENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Energy Developments Ltd (ASX:ENE) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

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Address

Website

http://www.energydevelopments.com

Energy Developments Limited is an provider of low emissions, renewable and remote energy. It is involved in project development, finance, design, operation and maintenance of international power generating and energy delivery projects.

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