Linc Energy (ASX:LNC) LT-Debt-to-Total-Asset : 0.75 (As of Dec. 2015)

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What is Linc Energy 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. Linc Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2015 was 0.75.

Linc Energy's long-term debt to total assets ratio increased from Dec. 2014 (0.59) to Dec. 2015 (0.75). It may suggest that Linc Energy is progressively becoming more dependent on debt to grow their business.

Linc Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Linc Energy'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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Linc Energy LT-Debt-to-Total-Asset Chart

Linc Energy Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

LT-Debt-to-Total-Asset

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0.43

0.36

0.60

Linc Energy Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.59	0.69	0.60	0.63	0.75

Linc Energy LT-Debt-to-Total-Asset Calculation

Linc Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (A: Jun. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2015 )	/	Total Assets (A: Jun. 2015 )
	=	483.542	/	811.309
	=	0.60

Linc Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (Q: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2015 )	/	Total Assets (Q: Dec. 2015 )
	=	537.853	/	713.479
	=	0.75

Linc Energy (ASX:LNC) 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.

Linc Energy LT-Debt-to-Total-Asset Related Terms

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Linc Energy (ASX:LNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » LT-Debt-to-Total-Asset

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Address

32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000

Website

http://www.lincenergy.com

Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.