POOSF (Poseidon Concepts) Debt-to-Asset : 0.28 (As of Sep. 2012)

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What is Poseidon Concepts Debt-to-Asset?

Poseidon Concepts POOSF -90.00% Debt-to-Asset is 0.28 as of Sep. 2012.

Poseidon Concepts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.0 Mil. Poseidon Concepts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $56.8 Mil. Poseidon Concepts's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2012 was $206.3 Mil. Poseidon Concepts's debt to asset for the quarter that ended in Sep. 2012 was 0.28.

Poseidon Concepts  (OTCPK:POOSF) 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.

Poseidon Concepts Debt-to-Asset Related Terms

Poseidon Concepts Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Debt-to-Asset Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Asset
Get a 7-Day Free Trial 0.13 0.21 0.19 0.22 0.28

Poseidon Concepts Quarterly Data
Dec05 Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.19 0.28 0.07 0.18 0.28

POOSF vs FLSS, BRS, GWTI: Debt-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.

Poseidon Concepts Debt-to-Asset vs Oil & Gas Industry

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

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


Poseidon Concepts Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Poseidon Concepts's Debt-to-Asset for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(27.72 + 0) / 100.522
=0.28

Poseidon Concepts's Debt-to-Asset for the quarter that ended in Sep. 2012 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 + 56.776) / 206.257
=0.28

* 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 0.28 mean?
Poseidon Concepts (POOSF) has a Debt-to-Asset of 0.28 as of Sep. 2012. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Poseidon Concepts and its competitors.
Is Poseidon Concepts' Debt-to-Asset too high?
Poseidon Concepts' current Debt-to-Asset is 0.28.
How does Poseidon Concepts' Debt-to-Asset compare to FLSS and BRS?
Poseidon Concepts' Debt-to-Asset of 0.28 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas 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 Poseidon Concepts and its competitors. Poseidon Concepts's current Debt-to-Asset is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poseidon Concepts stock overvalued right now?
Poseidon Concepts (POOSF) has a current Debt-to-Asset of 0.28. The current Debt-to-Asset is 0.28. 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 Poseidon Concepts (POOSF), the current Debt-to-Asset is 0.28 as of Sep. 2012. 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.

Poseidon Concepts Business Description

Industry EnergyOil & Gas
Address 645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.