SFG Australia (ASX:SFW) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2013)

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What is SFG Australia 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. SFG Australia's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.09.

SFG Australia's long-term debt to total assets ratio increased from Dec. 2012 (0.03) to Dec. 2013 (0.09). It may suggest that SFG Australia is progressively becoming more dependent on debt to grow their business.

SFG Australia LT-Debt-to-Total-Asset Historical Data

The historical data trend for SFG Australia'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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SFG Australia LT-Debt-to-Total-Asset Chart

SFG Australia Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

LT-Debt-to-Total-Asset

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0.09

0.18

0.01

0.09

SFG Australia Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.03	0.09	0.09

SFG Australia LT-Debt-to-Total-Asset Calculation

SFG Australia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (A: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2013 )	/	Total Assets (A: Jun. 2013 )
	=	22.693	/	251.448
	=	0.09

SFG Australia's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )	/	Total Assets (Q: Dec. 2013 )
	=	22.156	/	252.248
	=	0.09

SFG Australia (ASX:SFW) 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.

SFG Australia LT-Debt-to-Total-Asset Related Terms

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SFG Australia (ASX:SFW) Business Description

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Address

Website

http://www.sfgaustralia.com.au

SFG Australia Limited, formerly Snowball Group Limited provides wealth management services to high net worth and affluent clients, including strategic financial advice, portfolio administration solutions, portfolio construction and management services, insurance (both general and risk) solutions, finance broking, stockbroking, and corporate superannuation services. SFG operates three financial advice models: End to end adviser model; Affiliate adviser model; and B2B Services model.

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