Corinthian Colleges (FRA:CH7) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2013)

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What is Corinthian Colleges 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. Corinthian Colleges's long-term debt to total assests ratio for the quarter that ended in Jun. 2013 was 0.13.

Corinthian Colleges's long-term debt to total assets ratio declined from Jun. 2011 (0.27) to Jun. 2013 (0.13). It may suggest that Corinthian Colleges is progressively becoming less dependent on debt to grow their business.

Corinthian Colleges LT-Debt-to-Total-Asset Historical Data

The historical data trend for Corinthian Colleges'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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Corinthian Colleges LT-Debt-to-Total-Asset Chart

Corinthian Colleges Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

LT-Debt-to-Total-Asset

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0.04

0.23

0.27

0.14

0.13

Corinthian Colleges Semi-Annual Data
	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.04	0.23	0.27	0.14	0.13

Corinthian Colleges LT-Debt-to-Total-Asset Calculation

Corinthian Colleges's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (A: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2013 )	/	Total Assets (A: Jun. 2013 )
	=	101.709	/	779.788
	=	0.13

Corinthian Colleges's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (Q: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2013 )	/	Total Assets (Q: Jun. 2013 )
	=	101.709	/	779.788
	=	0.13

Corinthian Colleges (FRA:CH7) 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.

Corinthian Colleges LT-Debt-to-Total-Asset Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

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Address

Website

http://www.cci.edu

Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

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