Canal Capital (Canal Capital) LT-Debt-to-Total-Asset : 0.21 (As of Jul. 2012)

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What is Canal Capital 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. Canal Capital's long-term debt to total assests ratio for the quarter that ended in Jul. 2012 was 0.21.

Canal Capital's long-term debt to total assets ratio declined from Jul. 2011 (0.58) to Jul. 2012 (0.21). It may suggest that Canal Capital is progressively becoming less dependent on debt to grow their business.

Canal Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Canal Capital'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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Canal Capital LT-Debt-to-Total-Asset Chart

Canal Capital Annual Data

Trend

Oct02

Oct03

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

LT-Debt-to-Total-Asset

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0.56

0.42

0.31

0.27

0.41

Canal Capital Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.58	0.41	0.45	0.35	0.21

Canal Capital LT-Debt-to-Total-Asset Calculation

Canal Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2011 is calculated as

LT Debt to Total Assets (A: Oct. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2011 )	/	Total Assets (A: Oct. 2011 )
	=	1.306	/	3.169
	=	0.41

Canal Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2012 is calculated as

LT Debt to Total Assets (Q: Jul. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2012 )	/	Total Assets (Q: Jul. 2012 )
	=	0.605	/	2.83
	=	0.21

Canal Capital (OTCPK:COWP) 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.

Canal Capital LT-Debt-to-Total-Asset Related Terms

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Canal Capital (Canal Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Canal Capital Corp (OTCPK:COWP) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

4 Morris Street, Port Jefferson Station, New York, NY, USA, 11776

Website

Canal Capital Corp is engaged in stockyard operations and real estate business. It develops and restructures real estate lots surrounding its existing operating lease properties, stockyard operating properties & properties held for development or resale.

Executives

Asher B Edelman

other: Member of 10% Group

C/O PERINI CORP, 73 MT WAYTE AVE, FRAMINGHAM MA 01701

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