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FONU2 (FONU) Debt-to-Asset : 1.16 (As of Sep. 2015)


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What is FONU2 Debt-to-Asset?

FONU2's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $2.04 Mil. FONU2's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $5.10 Mil. FONU2's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2015 was $6.17 Mil. FONU2's debt to asset for the quarter that ended in Sep. 2015 was 1.16.

FONU2 Debt-to-Asset Historical Data

The historical data trend for FONU2'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.

* Premium members only.

FONU2 Debt-to-Asset Chart

FONU2 Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep13 Sep14 Sep15
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 - 0.45 3.52 1.16

FONU2 Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 3.52 0.07 0.78 0.85 1.16

Competitive Comparison of FONU2's Debt-to-Asset

For the Shell Companies subindustry, FONU2'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.

FONU2's Debt-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FONU2's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where FONU2's Debt-to-Asset falls into.


FONU2 Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

FONU2's Debt-to-Asset for the fiscal year that ended in Sep. 2015 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.044 + 5.101) / 6.172
=1.16

FONU2's Debt-to-Asset for the quarter that ended in Sep. 2015 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.044 + 5.101) / 6.172
=1.16

* 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.

FONU2  (OTCPK:FONU) 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.

FONU2 Debt-to-Asset Related Terms

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FONU2 (FONU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FONU2 Inc (OTCPK:FONU) » Definitions » Debt-to-Asset
Comparable Companies
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Traded in Other Exchanges
N/A
Address
5112 West Taft Road, Suite M, Liverpool, NY, USA, 13088
Website
https://www.fonuinc.com
FONU2 Inc is in the process of restructuring its business and will move in a new direction to focus on any one of the following sectors; hospitality, real estate development, mining and minerals, green technology, retail, warehousing, and logistics.