SmartChase (SmartChase) LT-Debt-to-Total-Asset : 17.82 (As of Sep. 2016)

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What is SmartChase 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. SmartChase's long-term debt to total assests ratio for the quarter that ended in Sep. 2016 was 17.82.

SmartChase's long-term debt to total assets ratio increased from Sep. 2015 (0.00) to Sep. 2016 (17.82). It may suggest that SmartChase is progressively becoming more dependent on debt to grow their business.

SmartChase LT-Debt-to-Total-Asset Historical Data

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

SmartChase Annual Data

Trend

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LT-Debt-to-Total-Asset

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1.11

SmartChase Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	1.11	4.24	13.77	17.82

SmartChase LT-Debt-to-Total-Asset Calculation

SmartChase's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )	/	Total Assets (A: Dec. 2015 )
	=	0.143	/	0.129
	=

SmartChase's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

LT Debt to Total Assets (Q: Sep. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2016 )	/	Total Assets (Q: Sep. 2016 )
	=	0.196	/	0.011
	=

SmartChase (GREY:SCHS) 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.

SmartChase LT-Debt-to-Total-Asset Related Terms

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SmartChase (SmartChase) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SmartChase Corp (GREY:SCHS) » Definitions » LT-Debt-to-Total-Asset

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Address

343 Preston Street, 11th Floor, Ottawa, ON, CAN, K1S 1N4

Website

SmartChase Corp is a development stage shell company.

SmartChase (SmartChase) Headlines

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