CTBG (Coil Tubing Technology) Long-Term Debt: $5.26 Mil (As of Sep. 2015)

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What is Coil Tubing Technology Long-Term Debt?

Coil Tubing Technology CTBG Long-Term Debt is $5.26 Mil as of Sep. 2015.

Coil Tubing Technology's Long-Term Debt for the quarter that ended in Sep. 2015 was $5.26 Mil.

Coil Tubing Technology's quarterly Long-Term Debt declined from Mar. 2015 ($5.33 Mil) to Jun. 2015 ($5.29 Mil) and declined from Jun. 2015 ($5.29 Mil) to Sep. 2015 ($5.26 Mil).

Coil Tubing Technology's annual Long-Term Debt increased from Dec. 2012 ($0.16 Mil) to Dec. 2013 ($0.89 Mil) and increased from Dec. 2013 ($0.89 Mil) to Dec. 2014 ($4.62 Mil).

Coil Tubing Technology  (OTCPK:CTBG) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Coil Tubing Technology Long-Term Debt Related Terms

Coil Tubing Technology Long-Term Debt Historical Data

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The historical data trend for Coil Tubing Technology's Long-Term Debt 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.

Coil Tubing Technology Long-Term Debt Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Long-Term Debt
0.20 0.16 0.89 4.62

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Long-Term Debt 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 0.84 4.62 5.33 5.29 5.26
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $5.26 Mil mean?
Coil Tubing Technology (CTBG) has a Long-Term Debt of $5.26 Mil as of Sep. 2015.
Is Coil Tubing Technology's Long-Term Debt too high?
Coil Tubing Technology's current Long-Term Debt is $5.26 Mil.
How does Coil Tubing Technology's Long-Term Debt compare to ESES and BMMCF?
Coil Tubing Technology's Long-Term Debt of $5.26 Mil 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 Long-Term Debt for an Oil & Gas company?
A good Long-Term Debt depends on the Oil & Gas industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Coil Tubing Technology's current Long-Term Debt is $5.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coil Tubing Technology stock overvalued right now?
Coil Tubing Technology (CTBG) has a current Long-Term Debt of $5.26 Mil. The current Long-Term Debt is $5.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Coil Tubing Technology (CTBG), the current Long-Term Debt is $5.26 Mil as of Sep. 2015. 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.

Coil Tubing Technology Business Description

Industry EnergyOil & Gas
Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.