Optigenex (Optigenex) LT-Debt-to-Total-Asset : 1.93 (As of Jun. 2008)

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What is Optigenex 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. Optigenex's long-term debt to total assests ratio for the quarter that ended in Jun. 2008 was 1.93.

Optigenex's long-term debt to total assets ratio declined from Jun. 2007 (2.80) to Jun. 2008 (1.93). It may suggest that Optigenex is progressively becoming less dependent on debt to grow their business.

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

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

Optigenex Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

0.54

2.18

2.35

Optigenex Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											2.80	2.50	2.35	1.71	1.93

Optigenex LT-Debt-to-Total-Asset Calculation

Optigenex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	4.427	/	1.888
	=	2.34

Optigenex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2008 is calculated as

LT Debt to Total Assets (Q: Jun. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2008 )	/	Total Assets (Q: Jun. 2008 )
	=	3.243	/	1.678
	=	1.93

Optigenex (OTCPK:OPGX) 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.

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Optigenex (Optigenex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Optigenex Inc (OTCPK:OPGX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Sam Rayburn Highway, Melissa, TX, USA, 75454

Website

http://www.optigenex.com

Optigenex Inc is an applied sciences company dedicated to solutions for healthy age management. The company offers AC-11, a powdered and bioactive rainforest plant extract that helps the body to repair sun and environmental stress-related damage to DNA, and slow down the process of skin aging.

Executives

Richard S Serbin

director, 10 percent owner, officer: CEO, President & Secretary

750 LEXINGTON AVENUE, 6TH FLOOR, NEW YORK NY 10022

Optigenex (Optigenex) Headlines

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