Aluworks (XGHA:ALW) LT-Debt-to-Total-Asset: 0.00 (As of Dec. 2020)


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

Aluworks XGHA:ALW LT-Debt-to-Total-Asset is 0.00 as of Dec. 2020.

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. Aluworks's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.00.

Aluworks's long-term debt to total assets ratio stayed the same from Dec. 2018 (0.00) to Dec. 2020 (0.00).

Aluworks  (XGHA:ALW) 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.

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

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

* Premium members only.

The historical data trend for Aluworks'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.

Aluworks LT-Debt-to-Total-Asset Chart

Aluworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.19 0.27 0.00 0.00 0.00

Aluworks Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.19 0.27 0.00 0.00 0.00

Aluworks LT-Debt-to-Total-Asset Calculation

Aluworks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=0/215.398
=0.00

Aluworks's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )/Total Assets (Q: Dec. 2020 )
=0/215.398
=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?
Aluworks (XGHA:ALW) has a LT-Debt-to-Total-Asset of 0.00 as of Dec. 2020. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Aluworks and its competitors.
Is Aluworks' LT-Debt-to-Total-Asset too high?
Aluworks' current LT-Debt-to-Total-Asset is 0.00.
How does Aluworks' LT-Debt-to-Total-Asset compare to AA?
Aluworks' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining 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 Aluworks and its competitors. Aluworks'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 Aluworks stock overvalued right now?
Aluworks (XGHA:ALW) 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 Aluworks (XGHA:ALW), the current LT-Debt-to-Total-Asset is 0.00 as of Dec. 2020. 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.

Aluworks Business Description

Address Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA
Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.