Newalta (Newalta) LT-Debt-to-Total-Asset : 0.49 (As of Mar. 2018)

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What is Newalta 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. Newalta's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.49.

Newalta's long-term debt to total assets ratio increased from Mar. 2017 (0.44) to Mar. 2018 (0.49). It may suggest that Newalta is progressively becoming more dependent on debt to grow their business.

Newalta LT-Debt-to-Total-Asset Historical Data

The historical data trend for Newalta'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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Newalta LT-Debt-to-Total-Asset Chart

Newalta Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.26

0.33

0.38

0.44

0.48

Newalta Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.44	0.47	0.49	0.48	0.49

Newalta LT-Debt-to-Total-Asset Calculation

Newalta's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	259.067	/	538.991
	=	0.48

Newalta's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (Q: Mar. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2018 )	/	Total Assets (Q: Mar. 2018 )
	=	265.352	/	537.884
	=	0.49

Newalta (OTCPK:NWLTF) 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.

Newalta LT-Debt-to-Total-Asset Related Terms

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Newalta (Newalta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Newalta Corp (OTCPK:NWLTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.newalta.com

Newalta Corp is engaged in providing engineered environmental solutions, which enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams. The operating segments of the group are Heavy oil and Oilfield. It generates maximum revenue from the Oilfield segment which includes the processing of oilfield-generated wastes, including treatment, water disposal, clean oil terminalling, landfilling, the sale of recovered crude oil and the supply and operation of drill site processing equipment, including solids control and drill cuttings management; as well as environmental services like environmental projects, drilling waste management services and site remediation. The group operates in Canada and the US.

Newalta (Newalta) Headlines

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Tervita and Newalta Announce Completion of Merger

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Newalta and Tervita File Joint Circular Seeking Shareholder Approval of Business Combination

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