Long-Term Debt to Total Capital

"Long-Term Debt to Total Capital" is a financial metric that measures a company's use of debt financing in relation to its total capital structure. It is calculated by dividing the company's long-term debt by the sum of its long-term debt and equity.

The metric is an indication of the company's financial leverage and the amount of risk it is taking on. A higher ratio indicates that the company is relying more heavily on debt financing, which can be risky in times of economic downturns or rising interest rates. A lower ratio indicates that the company has a more conservative financing structure and may be in a better position to weather economic volatility.

In general, a ratio of 0.5 or lower is considered safe, while a ratio above 0.5 suggests that the company may be taking on a higher level of debt than is desirable.

Additional Details

Metric Name	Type	Default Period Type
lt_debt_to_cap	fin_metric	FY

Formatting Details

Data Format	Display Format	Unit
float	perc	percentage