Takoradi (ASX:TKG) LT-Debt-to-Total-Asset: 0.20 (As of Dec. 2013)


What is Takoradi LT-Debt-to-Total-Asset?

Takoradi ASX:TKG LT-Debt-to-Total-Asset is 0.20 as of Dec. 2013. The stock has 3 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. Takoradi's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.20.

Takoradi's long-term debt to total assets ratio increased from Dec. 2012 (0.14) to Dec. 2013 (0.20). It may suggest that Takoradi is progressively becoming more dependent on debt to grow their business.

Takoradi  (ASX:TKG) 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.

Takoradi LT-Debt-to-Total-Asset Related Terms

Takoradi LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Takoradi'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.

Takoradi LT-Debt-to-Total-Asset Chart

Takoradi Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.15 0.02 0.10 0.22

Takoradi Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.10 0.14 0.22 0.20

Takoradi LT-Debt-to-Total-Asset Calculation

Takoradi'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 )
=1.509/6.82
=

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

LT Debt to Total Assets (Q: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )/Total Assets (Q: Dec. 2013 )
=1.481/7.308
=

* 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 0.20 mean?
Takoradi (ASX:TKG) has a LT-Debt-to-Total-Asset of 0.20 as of Dec. 2013. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Takoradi and its competitors.
Is Takoradi's LT-Debt-to-Total-Asset too high?
Takoradi's current LT-Debt-to-Total-Asset is 0.20.
How does Takoradi's LT-Debt-to-Total-Asset compare to competitors?
Takoradi's LT-Debt-to-Total-Asset of 0.20 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining 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 Takoradi and its competitors. Takoradi's current LT-Debt-to-Total-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takoradi stock overvalued right now?
Takoradi (ASX:TKG) has a current LT-Debt-to-Total-Asset of 0.20. The current LT-Debt-to-Total-Asset is 0.20. 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 Takoradi (ASX:TKG), the current LT-Debt-to-Total-Asset is 0.20 as of Dec. 2013. 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.

Takoradi Business Description

Takoradi Limited explores industrial metals and minerals. Its portfolio comprises of metals such as gold, copper and base metals. The company has its resources at Namibia, South-Western Africa, Ghana and West Africa.