NOEC (New Oriental Energy & Chemical) Debt-to-Asset : 0.44 (As of Dec. 2010)

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What is New Oriental Energy & Chemical Debt-to-Asset?

New Oriental Energy & Chemical NOEC -99.00% Debt-to-Asset is 0.44 as of Dec. 2010.

New Oriental Energy & Chemical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $20.54 Mil. New Oriental Energy & Chemical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $3.15 Mil. New Oriental Energy & Chemical's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2010 was $54.32 Mil. New Oriental Energy & Chemical's debt to asset for the quarter that ended in Dec. 2010 was 0.44.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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.

New Oriental Energy & Chemical Debt-to-Asset Related Terms

New Oriental Energy & Chemical Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Debt-to-Asset Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Debt-to-Asset
0.00 0.24 0.36 0.33 0.36

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.36 0.36 0.58 0.60 0.44

NOEC vs RTKHQ, LBTD, CVAT: Debt-to-Asset Comparison

For the Agricultural Inputs subindustry, New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Debt-to-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, New Oriental Energy & Chemical's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where New Oriental Energy & Chemical's Debt-to-Asset falls into.


New Oriental Energy & Chemical Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

New Oriental Energy & Chemical's Debt-to-Asset for the fiscal year that ended in Mar. 2010 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(19.432 + 3.059) / 62.183
=0.36

New Oriental Energy & Chemical's Debt-to-Asset for the quarter that ended in Dec. 2010 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(20.543 + 3.151) / 54.315
=0.44

* 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 0.44 mean?
New Oriental Energy & Chemical (NOEC) has a Debt-to-Asset of 0.44 as of Dec. 2010. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's Debt-to-Asset too high?
New Oriental Energy & Chemical's current Debt-to-Asset is 0.44.
How does New Oriental Energy & Chemical's Debt-to-Asset compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Debt-to-Asset of 0.44 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Debt-to-Asset depends on the Agriculture 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 New Oriental Energy & Chemical and its competitors. New Oriental Energy & Chemical's current Debt-to-Asset is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Debt-to-Asset of 0.44. The current Debt-to-Asset is 0.44. 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 New Oriental Energy & Chemical (NOEC), the current Debt-to-Asset is 0.44 as of Dec. 2010. 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.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.