Salon City (Salon City) LT-Debt-to-Total-Asset : 0.47 (As of Sep. 2008)

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What is Salon City 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. Salon City's long-term debt to total assests ratio for the quarter that ended in Sep. 2008 was 0.47.

Salon City's long-term debt to total assets ratio increased from Sep. 2007 (0.35) to Sep. 2008 (0.47). It may suggest that Salon City is progressively becoming more dependent on debt to grow their business.

Salon City LT-Debt-to-Total-Asset Historical Data

The historical data trend for Salon City'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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Salon City LT-Debt-to-Total-Asset Chart

Salon City Annual Data

Trend

Dec06

Dec07

LT-Debt-to-Total-Asset

0.11

0.19

Salon City Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.35	0.19	0.63	0.52	0.47

Salon City LT-Debt-to-Total-Asset Calculation

Salon City's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	0.024	/	0.129
	=	0.19

Salon City's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

LT Debt to Total Assets (Q: Sep. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2008 )	/	Total Assets (Q: Sep. 2008 )
	=	0.1	/	0.214
	=	0.47

Salon City (OTCPK:SALN) 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.

Salon City LT-Debt-to-Total-Asset Related Terms

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Salon City (Salon City) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salon City Inc (OTCPK:SALN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069

Website

http://www.saloncity.com

Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

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