Harrison Vickers and Waterman (Harrison Vickers and Waterman) LT-Debt-to-Total-Asset : 2.47 (As of Jun. 2019)

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What is Harrison Vickers and Waterman 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. Harrison Vickers and Waterman's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 2.47.

Harrison Vickers and Waterman's long-term debt to total assets ratio increased from Jun. 2014 (0.00) to Jun. 2019 (2.47). It may suggest that Harrison Vickers and Waterman is progressively becoming more dependent on debt to grow their business.

Harrison Vickers and Waterman LT-Debt-to-Total-Asset Historical Data

The historical data trend for Harrison Vickers and Waterman'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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Harrison Vickers and Waterman LT-Debt-to-Total-Asset Chart

Harrison Vickers and Waterman Annual Data

Trend

Jun13

Jun14

Jun15

Jun19

LT-Debt-to-Total-Asset

0.08

2.47

Harrison Vickers and Waterman Semi-Annual Data
	Jun13	Jun14	Jun15	Jun19
LT-Debt-to-Total-Asset	-	-	0.08	2.47

Harrison Vickers and Waterman LT-Debt-to-Total-Asset Calculation

Harrison Vickers and Waterman's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (A: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2019 )	/	Total Assets (A: Jun. 2019 )
	=	8.038	/	3.256
	=	2.47

Harrison Vickers and Waterman's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )	/	Total Assets (Q: Jun. 2019 )
	=	8.038	/	3.256
	=	2.47

Harrison Vickers and Waterman (OTCPK:HVCW) 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.

Harrison Vickers and Waterman LT-Debt-to-Total-Asset Related Terms

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