Pochin′s (LSE:PCH) LT-Debt-to-Total-Asset : 0.02 (As of Nov. 2013)

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

What is Pochin′s 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. Pochin′s's long-term debt to total assests ratio for the quarter that ended in Nov. 2013 was 0.02.

Pochin′s's long-term debt to total assets ratio declined from Nov. 2012 (0.32) to Nov. 2013 (0.02). It may suggest that Pochin′s is progressively becoming less dependent on debt to grow their business.

Pochin′s LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pochin′s'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.

Pochin′s LT-Debt-to-Total-Asset Chart

Pochin′s Annual Data

Trend

May04

May05

May06

May07

May08

May09

May10

May11

May12

May13

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

Pochin′s Semi-Annual Data
	May04	Nov04	May05	Nov05	May06	Nov06	May07	Nov07	May08	Nov08	May09	Nov09	May10	Nov10	May11	Nov11	May12	Nov12	May13	Nov13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.32	0.02	0.02

Pochin′s LT-Debt-to-Total-Asset Calculation

Pochin′s's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2013 is calculated as

LT Debt to Total Assets (A: May. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2013 )	/	Total Assets (A: May. 2013 )
	=	1.13	/	65.224
	=	0.02

Pochin′s's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2013 is calculated as

LT Debt to Total Assets (Q: Nov. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2013 )	/	Total Assets (Q: Nov. 2013 )
	=	1.081	/	65.296
	=	0.02

Pochin′s (LSE:PCH) 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.

Pochin′s LT-Debt-to-Total-Asset Related Terms

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

Pochin′s (LSE:PCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Pochin′s PLC (LSE:PCH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.pochins.plc.uk

Pochin's PLC is a construction and development Company. The Company is engaged in building, civil engineering contracting and house building, property development and letting. Its segments are Construction and Property development & investment. The group operates within the United Kingdom.