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Spectrum Group International (Spectrum Group International) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2013)


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What is Spectrum Group International 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. Spectrum Group International's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.03.

Spectrum Group International's long-term debt to total assets ratio increased from Dec. 2012 (0.02) to Dec. 2013 (0.03). It may suggest that Spectrum Group International is progressively becoming more dependent on debt to grow their business.


Spectrum Group International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Spectrum Group International'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.

* Premium members only.

Spectrum Group International LT-Debt-to-Total-Asset Chart

Spectrum Group International Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.02 0.02 0.02

Spectrum Group International Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.03

Spectrum Group International LT-Debt-to-Total-Asset Calculation

Spectrum Group International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (A: Jun. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2013 )/Total Assets (A: Jun. 2013 )
=8.788/371.375
=0.02

Spectrum Group International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )/Total Assets (Q: Dec. 2013 )
=8.716/348.641
=0.02

* 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.


Spectrum Group International  (OTCPK:SPGZ) 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.


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Spectrum Group International (Spectrum Group International) Business Description

Traded in Other Exchanges
N/A
Address
1063 McGaw, Suite 250, Irvine, CA, USA, 92614
Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.The Trading segment operates through A-Mar.
Executives
Gregory N Roberts director, 10 percent owner, officer: President and CEO 2625 ST ANDREWS, TUSTIN CA 92660
Carol Meltzer officer: General Counsel and EVP 775 PASSAIC AVE, WEST CALDWELL NJ 07006
Jeffrey D Benjamin director 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
William A Richardson 10 percent owner 2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
William Montgomery director 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Joel R Anderson director 202 NORTH COURT STREET, FLORENCE AL 35630
Ellis Landau director CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148
Jess M Ravich director 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Silver Bow Ventures Llc 10 percent owner C/O SPECTRUM GROUP INTERNATIONAL, 1063 MCGAW, IRVINE CA 92614
Moorhead John director 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Nolan Christopher William Sr director 15 TILGHMAN DRIVE, WAYNE NJ 07470
Thor Gjerdrum officer: Chief Financial Officer & EVP 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Mark B Segall director 251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Matthew M Walsh officer: CFO AND EXE. V.P. ALLERGAN, 5 GIRALDA FARMS, MADISON NJ 07940

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