Forge Group (ASX:FGE) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2013)

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What is Forge Group 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. Forge Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2013 was 0.03.

Forge Group's long-term debt to total assets ratio increased from Jun. 2011 (0.02) to Jun. 2013 (0.03). It may suggest that Forge Group is progressively becoming more dependent on debt to grow their business.

Forge Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Forge Group'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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Forge Group LT-Debt-to-Total-Asset Chart

Forge Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

LT-Debt-to-Total-Asset

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0.04

0.02

0.04

0.03

Forge Group Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.04	0.02	0.02	0.04	0.03

Forge Group LT-Debt-to-Total-Asset Calculation

Forge Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (A: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2013 )	/	Total Assets (A: Jun. 2013 )
	=	14.547	/	464.21
	=	0.03

Forge Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (Q: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2013 )	/	Total Assets (Q: Jun. 2013 )
	=	14.547	/	464.21
	=	0.03

Forge Group (ASX:FGE) 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.

Forge Group LT-Debt-to-Total-Asset Related Terms

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Forge Group (ASX:FGE) Business Description

Industry

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Address

Website

http://www.forgegroup.com.au

Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

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