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Miba AG (LTS:0F98) LT-Debt-to-Total-Asset : 0.14 (As of Jul. 2015)


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What is Miba AG 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. Miba AG's long-term debt to total assests ratio for the quarter that ended in Jul. 2015 was 0.14.

Miba AG's long-term debt to total assets ratio declined from Jul. 2014 (0.16) to Jul. 2015 (0.14). It may suggest that Miba AG is progressively becoming less dependent on debt to grow their business.


Miba AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Miba AG'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.

Miba AG LT-Debt-to-Total-Asset Chart

Miba AG Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - - 0.19 0.17 0.15

Miba AG Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 0.16 0.15 0.15 0.14 0.14

Miba AG LT-Debt-to-Total-Asset Calculation

Miba AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2015 is calculated as

LT Debt to Total Assets (A: Jan. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2015 )/Total Assets (A: Jan. 2015 )
=112.428/741.867
=0.15

Miba AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2015 is calculated as

LT Debt to Total Assets (Q: Jul. 2015 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2015 )/Total Assets (Q: Jul. 2015 )
=108.882/789.66
=0.14

* 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.


Miba AG  (LTS:0F98) 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.


Miba AG LT-Debt-to-Total-Asset Related Terms

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Miba AG (LTS:0F98) Business Description

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Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

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