Magor (TSXV:MCC.H) LT-Debt-to-Total-Asset : 8.47 (As of Jul. 2016)

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What is Magor 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. Magor's long-term debt to total assests ratio for the quarter that ended in Jul. 2016 was 8.47.

Magor's long-term debt to total assets ratio increased from Jul. 2015 (2.88) to Jul. 2016 (8.47). It may suggest that Magor is progressively becoming more dependent on debt to grow their business.

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

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

Magor Annual Data

Trend

Mar10

Mar11

Mar12

Apr13

Apr14

Apr15

Apr16

LT-Debt-to-Total-Asset

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0.30

1.70

2.04

5.29

Magor Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															2.88	3.24	3.65	5.29	8.47

Magor LT-Debt-to-Total-Asset Calculation

Magor's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2016 is calculated as

LT Debt to Total Assets (A: Apr. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2016 )	/	Total Assets (A: Apr. 2016 )
	=	3.521	/	0.666
	=	5.29

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

LT Debt to Total Assets (Q: Jul. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2016 )	/	Total Assets (Q: Jul. 2016 )
	=	3.557	/	0.42
	=	8.47

Magor (TSXV:MCC.H) 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.

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

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Magor (TSXV:MCC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magor Corp (TSXV:MCC.H) » Definitions » LT-Debt-to-Total-Asset

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Address

350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5

Website

http://www.magorcorp.com

Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

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