WestAmerica (WestAmerica) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2097)

View and export this data going back to . Start your Free Trial

What is WestAmerica 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. WestAmerica's long-term debt to total assests ratio for the quarter that ended in Dec. 2097 was 0.14.

WestAmerica's long-term debt to total assets ratio increased from Dec. 2096 (0.08) to Dec. 2097 (0.14). It may suggest that WestAmerica is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for WestAmerica'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.

* Premium members only.

WestAmerica LT-Debt-to-Total-Asset Chart

WestAmerica Annual Data

Trend

Mar90

Mar91

Mar92

Mar93

Mar94

Mar95

Mar96

Mar97

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.23

0.13

0.16

0.04

0.14

WestAmerica Quarterly Data
	Mar93	Jun93	Sep93	Dec93	Mar94	Jun94	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec97
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.14	0.13	0.11	0.14

WestAmerica LT-Debt-to-Total-Asset Calculation

WestAmerica's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2097 is calculated as

LT Debt to Total Assets (A: Mar. 2097 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2097 )	/	Total Assets (A: Mar. 2097 )
	=	0.6	/	4.4
	=	0.14

WestAmerica's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2097 is calculated as

LT Debt to Total Assets (Q: Dec. 2097 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2097 )	/	Total Assets (Q: Dec. 2097 )
	=	0.7	/	5
	=	0.14

WestAmerica (OTCPK:WACC) 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.

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

Thank you for viewing the detailed overview of WestAmerica's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

WestAmerica (WestAmerica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WestAmerica Corp (OTCPK:WACC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

WestAmerica (WestAmerica) Headlines

No Headlines