Qian Yuan Baixing (Qian Yuan Baixing) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2011)

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What is Qian Yuan Baixing 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. Qian Yuan Baixing's long-term debt to total assests ratio for the quarter that ended in Sep. 2011 was 0.13.

Qian Yuan Baixing's long-term debt to total assets ratio increased from Sep. 2010 (0.00) to Sep. 2011 (0.13). It may suggest that Qian Yuan Baixing is progressively becoming more dependent on debt to grow their business.

Qian Yuan Baixing LT-Debt-to-Total-Asset Historical Data

The historical data trend for Qian Yuan Baixing'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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Qian Yuan Baixing LT-Debt-to-Total-Asset Chart

Qian Yuan Baixing Annual Data

Trend

Aug06

Aug07

Dec08

Dec09

Dec10

LT-Debt-to-Total-Asset

0.05

0.22

Qian Yuan Baixing Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.22	0.19	0.11	0.13

Qian Yuan Baixing LT-Debt-to-Total-Asset Calculation

Qian Yuan Baixing's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

LT Debt to Total Assets (A: Dec. 2010 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2010 )	/	Total Assets (A: Dec. 2010 )
	=	0.644	/	2.999
	=	0.21

Qian Yuan Baixing's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (Q: Sep. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2011 )	/	Total Assets (Q: Sep. 2011 )
	=	0.309	/	2.354
	=	0.13

Qian Yuan Baixing (OTCPK:QYBX) 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.

Qian Yuan Baixing LT-Debt-to-Total-Asset Related Terms

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Qian Yuan Baixing (Qian Yuan Baixing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Qian Yuan Baixing Inc (OTCPK:QYBX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Union Street, Suite 4200, Seattle, WA, USA, 98101

Website

http://www.mdcorp.com

Qian Yuan Baixing Inc is a shell Company.

Qian Yuan Baixing (Qian Yuan Baixing) Headlines

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