Borrowings, summed components
Noncurrent long-term debt plus current maturities plus short-term borrowings.
Worked example · a round-number company
Borrowings, summed components$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Gives a borrowing total only when all three components are available.
Keep in mind
- Excludes lease obligations. If any component is unavailable the sum is unavailable.