GGII (Fast Moving Consumer Goods) Debt-to-Asset : 1.30 (As of Sep. 2008)

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What is Fast Moving Consumer Goods Debt-to-Asset?

Fast Moving Consumer Goods GGII -99.00% Debt-to-Asset is 1.30 as of Sep. 2008.

Fast Moving Consumer Goods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.31 Mil. Fast Moving Consumer Goods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil. Fast Moving Consumer Goods's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2008 was $0.24 Mil. Fast Moving Consumer Goods's debt to asset for the quarter that ended in Sep. 2008 was 1.30.

Fast Moving Consumer Goods  (OTCPK:GGII) 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.

Fast Moving Consumer Goods Debt-to-Asset Related Terms

Fast Moving Consumer Goods Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Fast Moving Consumer Goods'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.

Fast Moving Consumer Goods Debt-to-Asset Chart

Fast Moving Consumer Goods Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-Asset
0.00 0.69 0.07 3.80 0.63

Fast Moving Consumer Goods Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.40 0.63 0.58 0.69 1.30

GGII vs PPMT, IVFZF, ASAE: Debt-to-Asset Comparison

For the Household & Personal Products subindustry, Fast Moving Consumer Goods'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.

Fast Moving Consumer Goods Debt-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fast Moving Consumer Goods's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fast Moving Consumer Goods's Debt-to-Asset falls into.


Fast Moving Consumer Goods Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fast Moving Consumer Goods's Debt-to-Asset for the fiscal year that ended in Dec. 2007 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.149 + 0) / 0.237
=0.63

Fast Moving Consumer Goods's Debt-to-Asset for the quarter that ended in Sep. 2008 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.308 + 0) / 0.237
=1.30

* 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 1.30 mean?
Fast Moving Consumer Goods (GGII) has a Debt-to-Asset of 1.30 as of Sep. 2008. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Fast Moving Consumer Goods and its competitors.
Is Fast Moving Consumer Goods' Debt-to-Asset too high?
Fast Moving Consumer Goods' current Debt-to-Asset is 1.30.
How does Fast Moving Consumer Goods' Debt-to-Asset compare to PPMT and IVFZF?
Fast Moving Consumer Goods' Debt-to-Asset of 1.30 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Debt-to-Asset depends on the Consumer Packaged Goods 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 Fast Moving Consumer Goods and its competitors. Fast Moving Consumer Goods's current Debt-to-Asset is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Moving Consumer Goods stock overvalued right now?
Fast Moving Consumer Goods (GGII) has a current Debt-to-Asset of 1.30. The current Debt-to-Asset is 1.30. 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 Fast Moving Consumer Goods (GGII), the current Debt-to-Asset is 1.30 as of Sep. 2008. 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.

Fast Moving Consumer Goods Business Description

Address 10409 Pacific Palisades, Las Vegas, NV, USA, 89144
Fast Moving Consumer Goods Inc manufactures and incubates consumer packaged goods through three segments: Over-the-Counter Medications, Beauty Products, and Nutritional Supplements. Its portfolio of consumer goods: Beverages and Shots, OTC Medications, Nutritional Supplements, and Beauty and Cosmetics.