Long-Term Debt to Equity
"Long-Term Debt to Equity" is a financial ratio that compares a company's long-term debt to its shareholder equity. It is calculated by dividing the company's long-term debt by its shareholder equity. The ratio shows how much of a company's long-term financing is provided by creditors compared to shareholders. A high ratio indicates that a company is relying more on debt to finance its operations, and may be considered to have higher financial risk. Conversely, a low ratio indicates that a company is relying more on shareholders for financing and may be considered to have lower financial risk.
Additional Details
| Metric Name |
Type |
Default Period Type |
| lt_debt_to_equity |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
float |