Axios Mobile Assets (Axios Mobile Assets) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2016)

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What is Axios Mobile Assets LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Axios Mobile Assets's long-term debt to total assests ratio for the quarter that ended in Sep. 2016 was 0.31.

Axios Mobile Assets's long-term debt to total assets ratio increased from Sep. 2015 (0.22) to Sep. 2016 (0.31). It may suggest that Axios Mobile Assets is progressively becoming more dependent on debt to grow their business.

Axios Mobile Assets LT-Debt-to-Total-Asset Historical Data

The historical data trend for Axios Mobile Assets's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Axios Mobile Assets LT-Debt-to-Total-Asset Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

LT-Debt-to-Total-Asset

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0.11

0.38

0.12

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.12	0.14	0.13	0.31

Axios Mobile Assets LT-Debt-to-Total-Asset Calculation

Axios Mobile Assets's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )	/	Total Assets (A: Dec. 2015 )
	=	2.188	/	18.926
	=	0.12

Axios Mobile Assets's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

LT Debt to Total Assets (Q: Sep. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2016 )	/	Total Assets (Q: Sep. 2016 )
	=	5.468	/	17.443
	=	0.31

Axios Mobile Assets (OTCPK:AXBSF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Axios Mobile Assets LT-Debt-to-Total-Asset Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

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