**Id:**`lt_debt_to_tot_eqy`

**Type:**`fundamentals`

**Subtype:**`ratios`

**Units:**`percentage`

**Decimal Points:**`2`

**Currency Convertible:**`No`

Long-term debt to equity ratio is a measure of a company’s leverage or how much it relies on debt to finance its assets. It shows how much of a company’s equity is matched by its long-term debt. It is calculated by dividing the long-term debt by the total shareholder’s equity. It is reported as a percentage. The formula for long-term debt to equity ratio is:
Where:
- Long-term debt is BS051, bs_lt_borrow
- Total shareholder’s equity is BS072, bs_total_equity

`Long-term debt to equity ratio = (Long-term debt / Total shareholder’s equity) * 100`