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Forest Laboratories Inc (NYSE:FRX)
Long-Term Debt to Total Assets
0.25 (As of Mar. 2014)

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 divide by its total assets. Forest Laboratories Inc's long-term debt to total assests ratio for the quarter that ended in Mar. 2014 was 0.25.

Forest Laboratories Inc's long-term debt to total assets ratio increased from Mar. 2013 (0.00) to Mar. 2014 (0.25). It may suggest that Forest Laboratories Inc is progressively becoming more dependent on debt to grow their business.

Definition

Forest Laboratories Inc's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

 LT Debt to Total Assets (A: Mar. 2014 ) = Long-Term Debt (A: Mar. 2014 ) / Total Assets (A: Mar. 2014 ) = 3000 / 12017.531 = 0.25

Forest Laboratories Inc's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

 LT Debt to Total Assets (Q: Mar. 2014 ) = Long-Term Debt (Q: Mar. 2014 ) / Total Assets (Q: Mar. 2014 ) = 3000 / 12017.531 = 0.25

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Forest Laboratories Inc Annual Data

 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 ltd2asset 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25

Forest Laboratories Inc Quarterly Data

 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 ltd2asset 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.25
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