Total Debt
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
How it is calculated
- Unit
- Currency amount (statement tables show millions)
- Periods
- Quarterly, Annual
- Source
- Calculated by stockrow from the inputs below
- Made from
- Long Term Debt (Total), Current Part of Debt
- Used in
- Debt Growth
Reading Total Debt
How to read it
Total Debt is Long Term Debt (Total) plus the Current Part of Debt. The first covers borrowings due after the coming year; the second covers what falls due within it, including the portion of long-term loans that is about to be repaid. The figure rises when a company issues bonds or takes on loans, and falls as it repays them. It says nothing about cash on hand, which is why stockrow also shows Net Debt. The figure appears for each quarter and each year.
What is typical
Businesses with steady revenue and long-lived assets — utilities, telecoms, real estate, heavy industry — tend to borrow heavily, while many technology and service companies carry little debt at all. Because the amount scales with company size, it tells more when set against earnings, assets or equity, and when compared with the sector medians.
Pitfalls
Only these two debt lines are counted, so leases, pensions and other obligations that behave like debt may be missing from the figure. A company refinancing its borrowings can show a brief jump if new debt is raised before the old is repaid. Total Debt feeds Debt Growth on stockrow, so a one-off refinancing will show up there as well.