Please answer the given financial question based on the context.
Context: during the third quarter ended 30 june 2017 , we recognized a goodwill impairment charge of $ 145.3 and an intangible asset impairment charge of $ 16.8 associated with our lasa reporting unit . refer to note 11 , goodwill , and note 12 , intangible assets , for more information related to these charges and the associated fair value measurement methods and significant inputs/assumptions , which were classified as level 3 since unobservable inputs were utilized in the fair value measurements . 16 . debt the tables below summarize our outstanding debt at 30 september 2019 and 2018 : total debt .
|30 september|2019|2018|
|short-term borrowings|$ 58.2|$ 54.3|
|current portion of long-term debt ( a ) ( b )|40.4|406.6|
|long-term debt|2907.3|2967.4|
|long-term debt 2013 related party ( b )|320.1|384.3|
|total debt|$ 3326.0|$ 3812.6|
( a ) fiscal year 2019 includes the current portion of long-term debt owed to a related party of $ 37.8 . ( b ) refer to note 7 , acquisitions , for additional information regarding related party debt . short-term borrowings short-term borrowings consisted of bank obligations of $ 58.2 and $ 54.3 at 30 september 2019 and 2018 , respectively . the weighted average interest rate of short-term borrowings outstanding at 30 september 2019 and 2018 was 3.7% ( 3.7 % ) and 5.0% ( 5.0 % ) , respectively. .
Question: what is the short-term debt as a percent of total debt , in 2019?


Answer: The answer is:0.0175