CVST (Covista Communications) Debt-to-Asset : 0.01 (As of Apr. 2005)

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What is Covista Communications Debt-to-Asset?

Covista Communications CVST -99.67% Debt-to-Asset is 0.01 as of Apr. 2005.

Covista Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2005 was $0.26 Mil. Covista Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2005 was $0.00 Mil. Covista Communications's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2005 was $24.31 Mil. Covista Communications's debt to asset for the quarter that ended in Apr. 2005 was 0.01.

Covista Communications  (OTCPK:CVST) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Covista Communications Debt-to-Asset Related Terms

Covista Communications Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Covista Communications's Debt-to-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.

Covista Communications Debt-to-Asset Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.15 0.09 0.08 0.02

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
Debt-to-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 0.13 0.11 0.03 0.02 0.01

CVST vs FULO, TWER, DTGI: Debt-to-Asset Comparison

For the Telecom Services subindustry, Covista Communications's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Covista Communications Debt-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Covista Communications's Debt-to-Asset falls into.


Covista Communications Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Covista Communications's Debt-to-Asset for the fiscal year that ended in Jan. 2005 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.573 + 0) / 27.231
=0.02

Covista Communications's Debt-to-Asset for the quarter that ended in Apr. 2005 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.258 + 0) / 24.311
=0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.01 mean?
Covista Communications (CVST) has a Debt-to-Asset of 0.01 as of Apr. 2005. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Covista Communications and its competitors.
Is Covista Communications' Debt-to-Asset too high?
Covista Communications' current Debt-to-Asset is 0.01.
How does Covista Communications' Debt-to-Asset compare to FULO and TWER?
Covista Communications' Debt-to-Asset of 0.01 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Telecommunication Services company?
A good Debt-to-Asset depends on the Telecommunication Services industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Covista Communications and its competitors. Covista Communications's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Debt-to-Asset of 0.01. The current Debt-to-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Covista Communications (CVST), the current Debt-to-Asset is 0.01 as of Apr. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.