Berkshire Homes (Berkshire Homes) LT-Debt-to-Total-Asset : 1.04 (As of Aug. 2015)

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What is Berkshire Homes 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. Berkshire Homes's long-term debt to total assests ratio for the quarter that ended in Aug. 2015 was 1.04.

Berkshire Homes's long-term debt to total assets ratio increased from Aug. 2014 (0.72) to Aug. 2015 (1.04). It may suggest that Berkshire Homes is progressively becoming more dependent on debt to grow their business.

Berkshire Homes LT-Debt-to-Total-Asset Historical Data

The historical data trend for Berkshire Homes'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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Berkshire Homes LT-Debt-to-Total-Asset Chart

Berkshire Homes Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

LT-Debt-to-Total-Asset

1.28

1.03

Berkshire Homes Quarterly Data
	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.72	1.03	1.01	1.04	1.04

Berkshire Homes LT-Debt-to-Total-Asset Calculation

Berkshire Homes's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2014 is calculated as

LT Debt to Total Assets (A: Nov. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2014 )	/	Total Assets (A: Nov. 2014 )
	=	9.15	/	8.922
	=	1.03

Berkshire Homes's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2015 is calculated as

LT Debt to Total Assets (Q: Aug. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2015 )	/	Total Assets (Q: Aug. 2015 )
	=	9.362	/	8.966
	=	1.04

Berkshire Homes (OTCPK:BKSH) 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.

Berkshire Homes LT-Debt-to-Total-Asset Related Terms

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Berkshire Homes (Berkshire Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Berkshire Homes Inc (OTCPK:BKSH) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016

Website

http://www.berkshirenewhomes.com

Berkshire Homes Inc is a United States based company engaged in acquiring and rehabilitating distressed residential real estate properties that are below market value, rehabilitates them, and then sell or lease them, depending on which approach will generate the highest return.

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