TXTM (ProText Mobility) Debt-to-Asset : 71.00 (As of Sep. 2014)

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What is ProText Mobility Debt-to-Asset?

ProText Mobility TXTM Debt-to-Asset is 71.00 as of Sep. 2014.

ProText Mobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $1.42 Mil. ProText Mobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. ProText Mobility's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2014 was $0.02 Mil. ProText Mobility's debt to asset for the quarter that ended in Sep. 2014 was 71.00.

ProText Mobility  (OTCPK:TXTM) 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.

ProText Mobility Debt-to-Asset Related Terms

ProText Mobility Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for ProText Mobility'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.

ProText Mobility Debt-to-Asset Chart

ProText Mobility Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 4.11 4.51 485.67 286.60

ProText Mobility 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 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 83.94 286.60 16.22 54.50 71.00

TXTM vs DRSV, YPPN, CYBF: Debt-to-Asset Comparison

For the Biotechnology subindustry, ProText Mobility'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.

ProText Mobility Debt-to-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ProText Mobility's Debt-to-Asset distribution charts can be found below:

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


ProText Mobility Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ProText Mobility'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
=(1.429 + 0.004) / 0.005
=286.60

ProText Mobility'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
=(1.42 + 0) / 0.02
=71.00

* 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 71.00 mean?
ProText Mobility (TXTM) has a Debt-to-Asset of 71.00 as of Sep. 2014. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on ProText Mobility and its competitors.
Is ProText Mobility's Debt-to-Asset too high?
ProText Mobility's current Debt-to-Asset is 71.00.
How does ProText Mobility's Debt-to-Asset compare to DRSV and YPPN?
ProText Mobility's Debt-to-Asset of 71.00 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Debt-to-Asset depends on the Biotechnology 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 ProText Mobility and its competitors. ProText Mobility's current Debt-to-Asset is 71.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProText Mobility stock overvalued right now?
ProText Mobility (TXTM) has a current Debt-to-Asset of 71.00. The current Debt-to-Asset is 71.00. 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 ProText Mobility (TXTM), the current Debt-to-Asset is 71.00 as of Sep. 2014. 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.

ProText Mobility Business Description

Address One West Las Olas Boulevard, Suite 500, Fort Lauderdale, FL, USA, 33301
ProText Mobility Inc is a Biotech Company developing a Hemp/CBD-Cannabis medicines platform for the legal cannabis industry, using proprietary live plant extraction processes and technologies. Protext has engaged in the research, testing, and development of bioavailable botanical products, all-natural ingredients formulated for nutraceuticals and pharmaceutical applications through proprietary live plant extraction technology.