Carson Development (Carson Development) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2002)

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What is Carson Development 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. Carson Development's long-term debt to total assests ratio for the quarter that ended in Sep. 2002 was 0.19.

Carson Development's long-term debt to total assets ratio increased from Sep. 2001 (0.00) to Sep. 2002 (0.19). It may suggest that Carson Development is progressively becoming more dependent on debt to grow their business.

Carson Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for Carson Development'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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Carson Development LT-Debt-to-Total-Asset Chart

Carson Development Annual Data

Trend

Dec99

Dec00

Dec01

LT-Debt-to-Total-Asset

Carson Development Quarterly Data
	Mar99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	-	-	0.13	0.19

Carson Development LT-Debt-to-Total-Asset Calculation

Carson Development's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2001 is calculated as

LT Debt to Total Assets (A: Dec. 2001 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2001 )	/	Total Assets (A: Dec. 2001 )
	=	0	/	0.003
	=

Carson Development's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2002 is calculated as

LT Debt to Total Assets (Q: Sep. 2002 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2002 )	/	Total Assets (Q: Sep. 2002 )
	=	0.734	/	3.778
	=	0.19

Carson Development (OTCPK:CDVM) 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.

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Carson Development (Carson Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carson Development Corp (OTCPK:CDVM) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223

Website

http://www.carsondevelopmentinc.com

Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

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