Lithuanian Shipping Company PC (OVSE:LJL1L) LT-Debt-to-Total-Asset: 0.38 (As of Sep. 2015)

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What is Lithuanian Shipping Company PC LT-Debt-to-Total-Asset?

Lithuanian Shipping Company PC OVSE:LJL1L LT-Debt-to-Total-Asset is 0.38 as of Sep. 2015. The stock has 6 warning signs investors should review.

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. Lithuanian Shipping Company PC's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.38.

Lithuanian Shipping Company PC's long-term debt to total assets ratio increased from Sep. 2014 (0.00) to Sep. 2015 (0.38). It may suggest that Lithuanian Shipping Company PC is progressively becoming more dependent on debt to grow their business.

Lithuanian Shipping Company PC  (OVSE:LJL1L) 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.

Lithuanian Shipping Company PC LT-Debt-to-Total-Asset Related Terms

Lithuanian Shipping Company PC LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Lithuanian Shipping Company PC'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.

Lithuanian Shipping Company PC LT-Debt-to-Total-Asset Chart

Lithuanian Shipping Company PC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.22 0.14 0.19 0.00 0.00

Lithuanian Shipping Company PC Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 0.00 0.00 0.38

Lithuanian Shipping Company PC LT-Debt-to-Total-Asset Calculation

Lithuanian Shipping Company PC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )/Total Assets (A: Dec. 2014 )
=0/37.958
=0.00

Lithuanian Shipping Company PC'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 )
=12.501/33.281
=0.38

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.38 mean?
Lithuanian Shipping Company PC (OVSE:LJL1L) has a LT-Debt-to-Total-Asset of 0.38 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 Lithuanian Shipping Company PC and its competitors.
Is Lithuanian Shipping Company PC's LT-Debt-to-Total-Asset too high?
Lithuanian Shipping Company PC's current LT-Debt-to-Total-Asset is 0.38.
How does Lithuanian Shipping Company PC's LT-Debt-to-Total-Asset compare to PRGNF and TEUFF?
Lithuanian Shipping Company PC's LT-Debt-to-Total-Asset of 0.38 can be compared against companies in the Transportation 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 a Transportation company?
A good LT-Debt-to-Total-Asset depends on the Transportation 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 Lithuanian Shipping Company PC and its competitors. Lithuanian Shipping Company PC's current LT-Debt-to-Total-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithuanian Shipping Company PC stock overvalued right now?
Lithuanian Shipping Company PC (OVSE:LJL1L) has a current LT-Debt-to-Total-Asset of 0.38. The current LT-Debt-to-Total-Asset is 0.38. 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 Lithuanian Shipping Company PC (OVSE:LJL1L), the current LT-Debt-to-Total-Asset is 0.38 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.

Lithuanian Shipping Company PC Business Description

Lietuvos juru laivininkyste is a shipping company. It is engaged in carrying bulk, timber, general and container cargoes by sea transport and leasing ships. The Company owns a fleet of cargo vessels as well as ferries for transportation of cargoes.