Utility (TSX:UTC.C) LT-Debt-to-Total-Asset: 0.00 (As of Nov. 2017)


What is Utility LT-Debt-to-Total-Asset?

Utility TSX:UTC.C LT-Debt-to-Total-Asset is 0.00 as of Nov. 2017.

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. Utility's long-term debt to total assests ratio for the quarter that ended in Nov. 2017 was 0.00.

Utility's long-term debt to total assets ratio stayed the same from Nov. 2016 (0.00) to Nov. 2017 (0.00).

Utility  (TSX:UTC.C) 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.

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

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

* Premium members only.

The historical data trend for Utility'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.

Utility LT-Debt-to-Total-Asset Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
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 0.00

Utility LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: May. 2017 )=Long-Term Debt & Capital Lease Obligation (A: May. 2017 )/Total Assets (A: May. 2017 )
=0/56.531
=0.00

Utility's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2017 is calculated as

LT Debt to Total Assets (Q: Nov. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2017 )/Total Assets (Q: Nov. 2017 )
=0/56.714
=0.00

* 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 0.00 mean?
Utility (TSX:UTC.C) has a LT-Debt-to-Total-Asset of 0.00 as of Nov. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Utility and its competitors.
Is Utility's LT-Debt-to-Total-Asset too high?
Utility's current LT-Debt-to-Total-Asset is 0.00.
How does Utility's LT-Debt-to-Total-Asset compare to PHCF?
Utility's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management 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 Utility and its competitors. Utility'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 Utility stock overvalued right now?
Utility (TSX:UTC.C) 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 Utility (TSX:UTC.C), the current LT-Debt-to-Total-Asset is 0.00 as of Nov. 2017. 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.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.