Green Planet Group (Green Planet Group) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2011)

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What is Green Planet Group 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. Green Planet Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2011 was 0.20.

Green Planet Group's long-term debt to total assets ratio declined from Sep. 2010 (0.78) to Sep. 2011 (0.20). It may suggest that Green Planet Group is progressively becoming less dependent on debt to grow their business.

Green Planet Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Green Planet Group'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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Green Planet Group LT-Debt-to-Total-Asset Chart

Green Planet Group Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

LT-Debt-to-Total-Asset

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0.22

0.42

0.20

0.37

Green Planet Group Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.78	0.46	0.37	0.33	0.20

Green Planet Group LT-Debt-to-Total-Asset Calculation

Green Planet Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2011 is calculated as

LT Debt to Total Assets (A: Mar. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2011 )	/	Total Assets (A: Mar. 2011 )
	=	2.073	/	5.589
	=	0.37

Green Planet Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (Q: Sep. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2011 )	/	Total Assets (Q: Sep. 2011 )
	=	0.781	/	3.907
	=	0.20

Green Planet Group (OTCPK:GNPG) 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.

Green Planet Group LT-Debt-to-Total-Asset Related Terms

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Green Planet Group (Green Planet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Planet Group Inc (OTCPK:GNPG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034

Website

https://www.greenplanetgroup.com

Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.