HNDI (Handeni Gold) LT-Debt-to-Total-Asset: 1.31 (As of Feb. 2017)


What is Handeni Gold LT-Debt-to-Total-Asset?

Handeni Gold HNDI LT-Debt-to-Total-Asset is 1.31 as of Feb. 2017.

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. Handeni Gold's long-term debt to total assests ratio for the quarter that ended in Feb. 2017 was 1.31.

Handeni Gold's long-term debt to total assets ratio increased from Feb. 2016 (0.93) to Feb. 2017 (1.31). It may suggest that Handeni Gold is progressively becoming more dependent on debt to grow their business.

Handeni Gold  (OTCPK:HNDI) 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.

Handeni Gold LT-Debt-to-Total-Asset Related Terms

Handeni Gold LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Handeni Gold'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.

Handeni Gold LT-Debt-to-Total-Asset Chart

Handeni Gold Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.75 0.06

Handeni Gold Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.93 0.06 1.19 1.24 1.31

Handeni Gold LT-Debt-to-Total-Asset Calculation

Handeni Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2016 is calculated as

LT Debt to Total Assets (A: May. 2016 )=Long-Term Debt & Capital Lease Obligation (A: May. 2016 )/Total Assets (A: May. 2016 )
=0.09/1.497
=

Handeni Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2017 is calculated as

LT Debt to Total Assets (Q: Feb. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2017 )/Total Assets (Q: Feb. 2017 )
=1.925/1.473
=

* 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 1.31 mean?
Handeni Gold (HNDI) has a LT-Debt-to-Total-Asset of 1.31 as of Feb. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Handeni Gold and its competitors.
Is Handeni Gold's LT-Debt-to-Total-Asset too high?
Handeni Gold's current LT-Debt-to-Total-Asset is 1.31.
How does Handeni Gold's LT-Debt-to-Total-Asset compare to competitors?
Handeni Gold's LT-Debt-to-Total-Asset of 1.31 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services 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 Handeni Gold and its competitors. Handeni Gold's current LT-Debt-to-Total-Asset is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handeni Gold stock overvalued right now?
Handeni Gold (HNDI) has a current LT-Debt-to-Total-Asset of 1.31. The current LT-Debt-to-Total-Asset is 1.31. 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 Handeni Gold (HNDI), the current LT-Debt-to-Total-Asset is 1.31 as of Feb. 2017. 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.

Handeni Gold Business Description