Cecon ASA (LTS:0JI4) Debt-to-Asset : 0.78 (As of Sep. 2014)

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What is Cecon ASA Debt-to-Asset?

Cecon ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was kr790.4 Mil. Cecon ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was kr637.0 Mil. Cecon ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2014 was kr1,830.3 Mil. Cecon ASA's debt to asset for the quarter that ended in Sep. 2014 was 0.78.

Cecon ASA Debt-to-Asset Historical Data

The historical data trend for Cecon ASA'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.

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Cecon ASA Debt-to-Asset Chart

Cecon ASA Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Debt-to-Asset

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0.76

0.83

0.74

1.69

0.76

Cecon ASA Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Debt-to-Asset	Get a 7-Day Free Trial															0.73	0.76	0.77	0.81	0.78

Competitive Comparison of Cecon ASA's Debt-to-Asset

For the Oil & Gas Equipment & Services subindustry, Cecon ASA'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.

Cecon ASA's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cecon ASA's Debt-to-Asset distribution charts can be found below:

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

Cecon ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cecon ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(803.212	+	750.838)	/	2052.542
	=	0.76

Cecon ASA's Debt-to-Asset for the quarter that ended in Sep. 2014 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(790.359	+	637)	/	1830.324
	=	0.78

Cecon ASA (LTS:0JI4) 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.

Cecon ASA Debt-to-Asset Related Terms

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Cecon ASA (LTS:0JI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cecon ASA (LTS:0JI4) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cecon.no

Cecon Ord undertakes engineering and mobilization contracts of sub-sea installation of oil pipelines, cables, and umbilicals in West-Africa and on the Norwegian continental shelf. It is also engaged in repair and maintenance services.

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