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Cangene (FRA:YGE) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2013)


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What is Cangene 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. Cangene's long-term debt to total assests ratio for the quarter that ended in Oct. 2013 was 0.00.

Cangene's long-term debt to total assets ratio stayed the same from Oct. 2012 (0.00) to Oct. 2013 (0.00).


Cangene LT-Debt-to-Total-Asset Historical Data

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

Cangene Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
LT-Debt-to-Total-Asset
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Cangene Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13
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Cangene LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jul. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2013 )/Total Assets (A: Jul. 2013 )
=0/218.9
=0.00

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

LT Debt to Total Assets (Q: Oct. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2013 )/Total Assets (Q: Oct. 2013 )
=0/208.847
=0.00

* 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.


Cangene  (FRA:YGE) 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.


Cangene LT-Debt-to-Total-Asset Related Terms

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Cangene (FRA:YGE) Business Description

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Cangene Corporation is a fully integrated developer and manufacturer of immune therapeutics, primarily targeting infectious disease, hematology, transplantation and biodefense applications. The company manages its business and evaluate performance based on two operating segments: biopharmaceutical operations and contract services. Revenues are generated from product sales, and contract manufacturing and contract-R&D services.

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