LTDCs
LTDCs, or Long-Term Debt to Capital, is a financial ratio used to assess a company's financial leverage. It measures the proportion of a company's total capital that is financed by long-term debt. The formula for LTDCs is calculated by dividing a company's total long-term debt by the sum of its total long-term debt and its total shareholders' equity.
A higher LTDCs ratio indicates that a company relies more heavily on debt financing for its long-term
However, a moderate level of long-term debt can be beneficial. It can allow a company to leverage