Primus Guaranty (Primus Guaranty) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2011)

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What is Primus Guaranty 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. Primus Guaranty's long-term debt to total assests ratio for the quarter that ended in Dec. 2011 was 0.29.

Primus Guaranty's long-term debt to total assets ratio declined from Dec. 2010 (0.34) to Dec. 2011 (0.29). It may suggest that Primus Guaranty is progressively becoming less dependent on debt to grow their business.

Primus Guaranty LT-Debt-to-Total-Asset Historical Data

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

Primus Guaranty Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

LT-Debt-to-Total-Asset

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0.37

0.40

0.33

0.34

0.29

Primus Guaranty Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.33	0.33	0.32	0.29

Primus Guaranty LT-Debt-to-Total-Asset Calculation

Primus Guaranty'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 )
	=	172.334	/	585.824
	=	0.29

Primus Guaranty's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (Q: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2011 )	/	Total Assets (Q: Dec. 2011 )
	=	172.334	/	585.824
	=	0.29

Primus Guaranty (OTCPK:PRSG) 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.

Primus Guaranty LT-Debt-to-Total-Asset Related Terms

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Primus Guaranty (Primus Guaranty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Primus Guaranty Ltd (OTCPK:PRSG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Clarendon House, 2 Church Street, Hamilton, BMU, HM 11

Website

http://www.primusfinancial.com

Bermuda-domiciled Primus Guaranty provides credit protection on debt instruments through credit swaps sold by its subsidiary, Primus Financial. The firm is also attempting to enter the credit asset management business.

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