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Long Term Debt

It represents the portion of debt that is due for payment beyond one year.

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Written by Support
Updated over a year ago

On platforms like Dividend Data, you can find Long Term Debt for stocks. This helps you make informed investment decisions.

Definition:

Long-Term Debt includes loans and financial obligations that are due for repayment over an extended period, typically more than one year. It can encompass bank loans, corporate bonds, lease obligations, and other long-term borrowings.

Components of Long-Term Debt

  1. Bonds Payable: Debt securities issued to investors, repayable at a future date.

  2. Long-Term Bank Loans: Loans from financial institutions with repayment schedules extending beyond a year.

  3. Lease Obligations: Payments due for leases that are classified as financial leases.

  4. Deferred Tax Liabilities: Taxes that are accrued but not yet payable.

Importance of Long-Term Debt in Financial Analysis

  1. Leverage Assessment: Indicates the extent to which a company is financed by debt.

  2. Solvency Analysis: Helps assess a company’s ability to meet its long-term obligations.

  3. Cost of Capital: Influences the company’s cost of capital and investment decisions.

Long-Term Debt in Financial Ratios

  • Debt-to-Equity Ratio: Measures the proportion of debt to shareholder equity.

  • Interest Coverage Ratio: Assesses the company’s ability to pay interest on its debt.

Factors Affecting Long-Term Debt

  1. Interest Rates: Prevailing interest rates can affect the cost of borrowing and refinancing decisions.

  2. Capital Structure Decisions: A company’s strategy regarding equity vs. debt financing.

  3. Economic Conditions: Broader economic factors can impact a company’s ability to take on and service long-term debt.

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