Thinkpath (Thinkpath) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2007)

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What is Thinkpath 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. Thinkpath's long-term debt to total assests ratio for the quarter that ended in Sep. 2007 was 0.19.

Thinkpath's long-term debt to total assets ratio increased from Sep. 2006 (0.18) to Sep. 2007 (0.19). It may suggest that Thinkpath is progressively becoming more dependent on debt to grow their business.

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

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

Thinkpath Annual Data

Trend

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

LT-Debt-to-Total-Asset

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0.09

0.03

0.01

0.13

Thinkpath Quarterly Data
	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.13	0.11	0.20	0.19

Thinkpath LT-Debt-to-Total-Asset Calculation

Thinkpath's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )	/	Total Assets (A: Dec. 2006 )
	=	0.731	/	5.649
	=	0.13

Thinkpath's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

LT Debt to Total Assets (Q: Sep. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2007 )	/	Total Assets (Q: Sep. 2007 )
	=	1.079	/	5.648
	=	0.19

Thinkpath (GREY:THPHF) 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.

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

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Thinkpath (Thinkpath) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thinkpath Inc (GREY:THPHF) » Definitions » LT-Debt-to-Total-Asset

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Address

365 Evans Avenue, Suite 602, Toronto, ON, CAN, M8Z 1K2

Website

http://www.thinkpath.com

Thinkpath Inc provides customized engineering solutions with a wide range of support services guaranteeing timely, efficient and cost-effective completion of projects in numerous and varied industries. The company's customized solutions include Engineering & Design Services, Technical Publishing & Documentation and On-site Engineering Support.

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