Poseidon Concepts (Poseidon Concepts) LT-Debt-to-Total-Asset : 0.28 (As of Sep. 2012)

View and export this data going back to 2011. Start your Free Trial

What is Poseidon Concepts 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. Poseidon Concepts's long-term debt to total assests ratio for the quarter that ended in Sep. 2012 was 0.28.

Poseidon Concepts's long-term debt to total assets ratio increased from Sep. 2011 (0.00) to Sep. 2012 (0.28). It may suggest that Poseidon Concepts is progressively becoming more dependent on debt to grow their business.

Poseidon Concepts LT-Debt-to-Total-Asset Historical Data

The historical data trend for Poseidon Concepts'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.

* Premium members only.

Poseidon Concepts LT-Debt-to-Total-Asset Chart

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										-	-	-	0.18	0.28

Poseidon Concepts LT-Debt-to-Total-Asset Calculation

Poseidon Concepts's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (A: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2011 )	/	Total Assets (A: Dec. 2011 )
	=	0	/	100.522
	=	0.00

Poseidon Concepts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

LT Debt to Total Assets (Q: Sep. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2012 )	/	Total Assets (Q: Sep. 2012 )
	=	56.776	/	206.257
	=	0.28

Poseidon Concepts (GREY:POOSF) 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.

Poseidon Concepts LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Poseidon Concepts's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Poseidon Concepts (Poseidon Concepts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Poseidon Concepts Corp (GREY:POOSF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8

Website

http://www.poseidonconcepts.com

Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

From GuruFocus

Fracking Liquids and Solid Dividends

By Roger Conrad Roger Conrad • 10-22-2012