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SIMAT (XPAR:MLMAT) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2017)


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What is SIMAT 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. SIMAT's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.15.

SIMAT's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2017 (0.15). It may suggest that SIMAT is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for SIMAT'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.

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SIMAT LT-Debt-to-Total-Asset Chart

SIMAT Annual Data
Trend Dec16 Dec17
LT-Debt-to-Total-Asset
- 0.15

SIMAT Semi-Annual Data
Dec16 Dec17
LT-Debt-to-Total-Asset - 0.15

SIMAT LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )/Total Assets (A: Dec. 2017 )
=8.488/55.072
=0.15

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

LT Debt to Total Assets (Q: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )/Total Assets (Q: Dec. 2017 )
=8.488/55.072
=0.15

* 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.

SIMAT  (XPAR:MLMAT) 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.

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

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SIMAT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SIMAT (XPAR:MLMAT) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
JSE:IPL NZSE:FRE TSE:9025 OSL:WWIB SHSE:603713 JSE:SPG TSX:CJT SHSE:603871 SGX:K11 SHSE:603648 BOM:526612 SZSE:300013 SHSE:600278 CMRE TSE:2384 SZSE:000099 TSE:9375 ECHO TSE:9303 TSE:9090
Traded in Other Exchanges
N/A
Address
Z.I. Vridi 15 Rue des Petroliers, 15 BP 648, Région des lagunes, Abidjan, CIV, 15
Website
https://www.simat.ci
SIMAT operates in the fields of transport auxiliaries while offering a range of integrated services for global services and personalized monitoring of its customers. Its services include handling, transportation, transit, and consignment.

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