What is total debt?

Answer Total debt is defined as all long-term debt an individual or company has, along with all current liabilities. Comparing the total debt to the amount of equity or income is a ratio used to figure th... Read More »

Top Q&A For: What is total debt

What is the national credit card debt total?

According to statistics from the U.S. Federal Reserve Board, Americans held $852.6 billion of revolving credit debt in March 2010, virtually all of which stems from credit card debt. The overall ... Read More »

What is the national credit card debt total as of 2009?

According to the Nilson report, the total U.S. national credit card debt through year-end 2009 is $772.19 billion. The breakdowns for the four major credit card companies are as follows: Visa--$36... Read More »

How to Calculate Total Debt?

Most lending agencies view the amount of total debt carried as a measure of financial strength. Some debt is essential and, if used correctly, can even improve finances. If debt is structured to b... Read More »

How much is the U.S. government's total debt?

As of May 13, 2010, the U.S. federal government debt is $12.927 trillion. A large portion of the amount consists of treasury securities owned by investors and banks in every country of the world.So... Read More »