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PokerTek Inc (NAS:PTEK)
Long-Term Debt to Total Assets
0.04 (As of Jun. 2014)

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 divide by its total assets. PokerTek Inc's long-term debt to total assests ratio for the quarter that ended in Jun. 2014 was 0.04.

PokerTek Inc's long-term debt to total assets ratio declined from Jun. 2013 (0.04) to Jun. 2014 (0.04). It may suggest that PokerTek Inc is progressively becoming less dependent on debt to grow their business.

Definition

PokerTek Inc's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

 LT Debt to Total Assets (A: Dec. 2013 ) = Long-Term Debt (A: Dec. 2013 ) / Total Assets (A: Dec. 2013 ) = 0.17 / 4.078 = 0.04

PokerTek Inc's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

 LT Debt to Total Assets (Q: Jun. 2014 ) = Long-Term Debt (Q: Jun. 2014 ) / Total Assets (Q: Jun. 2014 ) = 0.132 / 3.474 = 0.04

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PokerTek Inc Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 ltd2asset 0.00 0.00 0.00 0.00 0.13 0.10 0.13 0.15 0.06 0.04

PokerTek Inc Quarterly Data

 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 ltd2asset 0.00 0.14 0.06 0.06 0.05 0.04 0.04 0.04 0.04 0.04
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