Patient Access Solutions (Patient Access Solutions) LT-Debt-to-Total-Asset : 0.44 (As of Jul. 2008)

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What is Patient Access Solutions 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. Patient Access Solutions's long-term debt to total assests ratio for the quarter that ended in Jul. 2008 was 0.44.

Patient Access Solutions's long-term debt to total assets ratio increased from Jul. 2007 (0.00) to Jul. 2008 (0.44). It may suggest that Patient Access Solutions is progressively becoming more dependent on debt to grow their business.

Patient Access Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Patient Access Solutions'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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Patient Access Solutions LT-Debt-to-Total-Asset Chart

Patient Access Solutions Annual Data

Trend

Oct06

Oct07

Oct08

LT-Debt-to-Total-Asset

Patient Access Solutions Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	0.33	0.44

Patient Access Solutions LT-Debt-to-Total-Asset Calculation

Patient Access Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2008 is calculated as

LT Debt to Total Assets (A: Oct. 2008 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2008 )	/	Total Assets (A: Oct. 2008 )
	=	0	/	0.984
	=

Patient Access Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2008 is calculated as

LT Debt to Total Assets (Q: Jul. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2008 )	/	Total Assets (Q: Jul. 2008 )
	=	0.689	/	1.555
	=	0.44

Patient Access Solutions (OTCPK:PASO) 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.

Patient Access Solutions LT-Debt-to-Total-Asset Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725

Website

http://www.pashealth.com

Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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