Cross Border Resources (Cross Border Resources) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2015)

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What is Cross Border Resources 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. Cross Border Resources's long-term debt to total assests ratio for the quarter that ended in Mar. 2015 was 0.00.

Cross Border Resources's long-term debt to total assets ratio declined from Mar. 2014 (0.31) to Mar. 2015 (0.00). It may suggest that Cross Border Resources is progressively becoming less dependent on debt to grow their business.

Cross Border Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cross Border Resources'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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Cross Border Resources LT-Debt-to-Total-Asset Chart

Cross Border Resources Annual Data

Trend

Jul06

Jul07

Jul08

Jul09

Jul10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.02

0.22

0.24

0.31

Cross Border Resources Quarterly Data
	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.24	-	-	-

Cross Border Resources LT-Debt-to-Total-Asset Calculation

Cross Border Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	0	/	33.29
	=	0.00

Cross Border Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2015 is calculated as

LT Debt to Total Assets (Q: Mar. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2015 )	/	Total Assets (Q: Mar. 2015 )
	=	0	/	35.064
	=	0.00

Cross Border Resources (OTCPK:XBOR) 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.

Cross Border Resources LT-Debt-to-Total-Asset Related Terms

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Cross Border Resources (Cross Border Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cross Border Resources Inc (OTCPK:XBOR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201

Website

http://www.xbres.com

Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.

Executives

Laroche Richard F Jr	director	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii	other: Former Chief Executive Officer	P. O. BOX 5375, MIDLAND TX 79704

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