LT Debt / Capital

$$\frac{\text{Long-term debt}}{\text{Long-term debt}+\text{Equity}}$$

Long-term debt as a share of long-term capital. Most robust leverage ratio for cross-company comparison.

Direction: Lower better Category: solvency

Inputs (XBRL fallback chains):

• equity: StockholdersEquity -> StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
• long_term_debt: LongTermDebt -> LongTermDebtNoncurrent

Returns None when: Returns None when Long-term debt or Equity is missing.

Source code

Implementation: lt_debt_to_capital in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).