PRMD (Primemd) Debt-to-Asset : 0.24 (As of Dec. 2008)

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What is Primemd Debt-to-Asset?

Primemd PRMD -72.73% Debt-to-Asset is 0.24 as of Dec. 2008.

Primemd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.36 Mil. Primemd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.00 Mil. Primemd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2008 was $1.52 Mil. Primemd's debt to asset for the quarter that ended in Dec. 2008 was 0.24.

Primemd  (OTCPK:PRMD) 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.

Primemd Debt-to-Asset Related Terms

Primemd Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Primemd'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.

Primemd Debt-to-Asset Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.00 0.00 0.00 0.00 0.24

Primemd Debt-to-Asset Competitor Comparison

For the Medical Care Facilities subindustry, Primemd'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.

Primemd Debt-to-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Primemd's Debt-to-Asset distribution charts can be found below:

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


Primemd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Primemd's Debt-to-Asset for the fiscal year that ended in Mar. 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 + 0) / 1.372
=0.00

Primemd's Debt-to-Asset for the quarter that ended in Dec. 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
=(0.359 + 0) / 1.52
=0.24

* 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 0.24 mean?
Primemd (PRMD) has a Debt-to-Asset of 0.24 as of Dec. 2008. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Primemd and its competitors.
Is Primemd's Debt-to-Asset too high?
Primemd's current Debt-to-Asset is 0.24.
How does Primemd's Debt-to-Asset compare to competitors?
Primemd's Debt-to-Asset of 0.24 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Debt-to-Asset depends on the Healthcare Providers & Services 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 Primemd and its competitors. Primemd's current Debt-to-Asset is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primemd stock overvalued right now?
Primemd (PRMD) has a current Debt-to-Asset of 0.24. The current Debt-to-Asset is 0.24. 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 Primemd (PRMD), the current Debt-to-Asset is 0.24 as of Dec. 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.

Primemd Business Description

Address 9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.