Eurasian Natural Resources (LSE:ENRC) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2013)

View and export this data going back to . Start your Free Trial

What is Eurasian Natural Resources 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. Eurasian Natural Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.32.

Eurasian Natural Resources's long-term debt to total assets ratio increased from Dec. 2011 (0.08) to Dec. 2013 (0.32). It may suggest that Eurasian Natural Resources is progressively becoming more dependent on debt to grow their business.

Eurasian Natural Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eurasian Natural Resources'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.

* Premium members only.

Eurasian Natural Resources LT-Debt-to-Total-Asset Chart

Eurasian Natural Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.10

0.08

0.27

0.32

Eurasian Natural Resources Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.01	0.10	0.08	0.27	0.32

Eurasian Natural Resources LT-Debt-to-Total-Asset Calculation

Eurasian Natural Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )	/	Total Assets (A: Dec. 2013 )
	=	3213.48	/	9950.93
	=	0.32

Eurasian Natural Resources'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 )
	=	3213.48	/	9950.93
	=	0.32

Eurasian Natural Resources (LSE:ENRC) 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.

Eurasian Natural Resources LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Eurasian Natural Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Eurasian Natural Resources (LSE:ENRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eurasian Natural Resources Corporation PLC (LSE:ENRC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Website

http://www.enrc.com

Eurasian Natural Resources Corp Ltd was incorporated on December 06, 2006. It is a diversified natural resources company. It performs integrated mining, processing, power generation, logistics and marketing operations. Its six operating segments are Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy, and Logistics. Ferroalloys comprises the extraction and sale of chrome ore as well as the production of ferroalloys from chromium and manganese ores. Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products. Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminium. Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa. Energy comprises coal mining and power generation. Logistics includes transportation and logistical services to the company's primary operating divisions and to third parties.

Eurasian Natural Resources (LSE:ENRC) Headlines

No Headlines