Cia Logistica de Hidrocarburos CLH (LTS:0QHA) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2015)

What is Cia Logistica de Hidrocarburos CLH LT-Debt-to-Total-Asset?

Cia Logistica de Hidrocarburos CLH LTS:0QHA LT-Debt-to-Total-Asset is 0.00 as of Sep. 2015.

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. Cia Logistica de Hidrocarburos CLH's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.00.

Cia Logistica de Hidrocarburos CLH's long-term debt to total assets ratio declined from Jun. 2014 (0.31) to Sep. 2015 (0.00). It may suggest that Cia Logistica de Hidrocarburos CLH is progressively becoming less dependent on debt to grow their business.

Cia Logistica de Hidrocarburos CLH (LTS:0QHA) 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.

Cia Logistica de Hidrocarburos CLH LT-Debt-to-Total-Asset Related Terms

Cia Logistica de Hidrocarburos CLH LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Cia Logistica de Hidrocarburos CLH'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.

Cia Logistica de Hidrocarburos CLH LT-Debt-to-Total-Asset Chart

Cia Logistica de Hidrocarburos CLH Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

LT-Debt-to-Total-Asset

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0.24

0.26

0.24

0.31

0.26

Cia Logistica de Hidrocarburos CLH Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Mar15	Jun15	Sep15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.00	0.00	0.33	0.00

Cia Logistica de Hidrocarburos CLH LT-Debt-to-Total-Asset Calculation

Cia Logistica de Hidrocarburos CLH'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 )
	=	515.14	/	1998.529
	=	0.26

Cia Logistica de Hidrocarburos CLH's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )	/	Total Assets (Q: Sep. 2015 )
	=	0	/	2118
	=	0.00

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.00 mean?

Cia Logistica de Hidrocarburos CLH (LTS:0QHA) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2015. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cia Logistica de Hidrocarburos CLH and its competitors.

Is Cia Logistica de Hidrocarburos CLH's LT-Debt-to-Total-Asset too high?

Cia Logistica de Hidrocarburos CLH's current LT-Debt-to-Total-Asset is 0.00.

How does Cia Logistica de Hidrocarburos CLH's LT-Debt-to-Total-Asset compare to NS and PAGP?

Cia Logistica de Hidrocarburos CLH's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas 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 Cia Logistica de Hidrocarburos CLH and its competitors. Cia Logistica de Hidrocarburos CLH's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cia Logistica de Hidrocarburos CLH stock overvalued right now?

Cia Logistica de Hidrocarburos CLH (LTS:0QHA) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Cia Logistica de Hidrocarburos CLH (LTS:0QHA), the current LT-Debt-to-Total-Asset is 0.00 as of Sep. 2015. 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.

Cia Logistica de Hidrocarburos CLH Business Description

Industry Energy Oil & Gas

Comparable Companies NS PAGP TCP STU:B5P VNOM TSX:GEI ETRN ENLC AM HEP XBRU:EURN GEL CEQP RTLR ENBL XBRU:FLUX FRO TSX:ALA SHSE:601975 STNG

Website http://www.clh.es

Cia Logistica de Hidrocarburos CLH SA was formed on October 24, 1927. The Company is engaged in the storage, transportation and distribution of oil products in mainland Spain and the Balearic Islands, on behalf of the oil companies that operate in the Spanish market. This activity basically consists of receiving oil products at its facilities - mainly gasolines, diesels, fuel oils, aviation fuels and biofuels - and transporting and storing these products, and final delivery to the company's customers through its tank truck loading facilities. Its segment consists of: the land supplies business segment consists of logistics services comprising storage, transportation and distribution of all kinds of hydrocarbons and chemicals, and their derivatives and waste products, as well as advice and technical assistance in the provision of the services. The air supplies business segment consists of logistics services involving the storage, distribution and serving at airports of all kinds of aircraft fuels and lubricants.