National Waste Management Holdings (National Waste Management Holdings) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2017)

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What is National Waste Management Holdings 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. National Waste Management Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2017 was 0.06.

National Waste Management Holdings's long-term debt to total assets ratio increased from Mar. 2016 (0.05) to Mar. 2017 (0.06). It may suggest that National Waste Management Holdings is progressively becoming more dependent on debt to grow their business.

National Waste Management Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Waste Management Holdings'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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National Waste Management Holdings LT-Debt-to-Total-Asset Chart

National Waste Management Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

0.79

0.66

0.24

0.04

National Waste Management Holdings Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.05	0.04	0.04	0.04	0.06

National Waste Management Holdings LT-Debt-to-Total-Asset Calculation

National Waste Management Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	0.39	/	10.324
	=	0.04

National Waste Management Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (Q: Mar. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2017 )	/	Total Assets (Q: Mar. 2017 )
	=	0.675	/	10.497
	=	0.06

National Waste Management Holdings (OTCPK:NWMH) 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.

National Waste Management Holdings LT-Debt-to-Total-Asset Related Terms

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National Waste Management Holdings (National Waste Management Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » National Waste Management Holdings Inc (OTCPK:NWMH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5920 North Florida Avenue, Hernando, FL, USA, 34442

Website

http://www.nationalwastemgmt.com

National Waste Management Holdings Inc is a solid waste management company. Its service offerings include construction and demolition landfill services, transfer station services, as well as roll-off dumpster services and mulch products for sale, including topsoil. It primarily serves municipal, institutional, commercial and industrial customers.

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