SCCI (Shimmick Construction Company) LT-Debt-to-Total-Asset: 0.09 (As of Jun. 2015)


What is Shimmick Construction Company LT-Debt-to-Total-Asset?

Shimmick Construction Company SCCI LT-Debt-to-Total-Asset is 0.09 as of Jun. 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. Shimmick Construction Company's long-term debt to total assests ratio for the quarter that ended in Jun. 2015 was 0.09.

Shimmick Construction Company's long-term debt to total assets ratio increased from Jun. 2014 (0.00) to Jun. 2015 (0.09). It may suggest that Shimmick Construction Company is progressively becoming more dependent on debt to grow their business.

Shimmick Construction Company  (NAS:SCCI) 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.

Shimmick Construction Company LT-Debt-to-Total-Asset Related Terms

Shimmick Construction Company LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company LT-Debt-to-Total-Asset Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
LT-Debt-to-Total-Asset
0.15 0.10

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
LT-Debt-to-Total-Asset 0.15 0.00 0.10 0.09

Shimmick Construction Company LT-Debt-to-Total-Asset Calculation

Shimmick Construction Company'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 )
=24.115/236.046
=0.10

Shimmick Construction Company's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (Q: Jun. 2015 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2015 )/Total Assets (Q: Jun. 2015 )
=25.251/268.876
=0.09

* 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 0.09 mean?
Shimmick Construction Company (SCCI) has a LT-Debt-to-Total-Asset of 0.09 as of Jun. 2015. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's LT-Debt-to-Total-Asset too high?
Shimmick Construction Company's current LT-Debt-to-Total-Asset is 0.09.
How does Shimmick Construction Company's LT-Debt-to-Total-Asset compare to TSSI and SWMM?
Shimmick Construction Company's LT-Debt-to-Total-Asset of 0.09 can be compared against companies in the Construction 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 Construction company?
A good LT-Debt-to-Total-Asset depends on the Construction 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 Shimmick Construction Company and its competitors. Shimmick Construction Company's current LT-Debt-to-Total-Asset is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current LT-Debt-to-Total-Asset of 0.09. The current LT-Debt-to-Total-Asset is 0.09. 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 Shimmick Construction Company (SCCI), the current LT-Debt-to-Total-Asset is 0.09 as of Jun. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.