Amacore Group (Amacore Group) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2010)

View and export this data going back to 1995. Start your Free Trial

What is Amacore Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Amacore Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2010 was 0.21.

Amacore Group's long-term debt to total assets ratio increased from Jun. 2009 (0.01) to Jun. 2010 (0.21). It may suggest that Amacore Group is progressively becoming more dependent on debt to grow their business.

Amacore Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amacore Group's LT-Debt-to-Total-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.

* Premium members only.

Amacore Group LT-Debt-to-Total-Asset Chart

Amacore Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.15

Amacore Group Quarterly Data
	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.03	0.15	0.19	0.21

Amacore Group LT-Debt-to-Total-Asset Calculation

Amacore Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2009 is calculated as

LT Debt to Total Assets (A: Dec. 2009 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2009 )	/	Total Assets (A: Dec. 2009 )
	=	1.826	/	12.046
	=	0.15

Amacore Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2010 is calculated as

LT Debt to Total Assets (Q: Jun. 2010 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2010 )	/	Total Assets (Q: Jun. 2010 )
	=	1.767	/	8.596
	=	0.21

Amacore Group (OTCPK:ACGI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Amacore Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Amacore Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Amacore Group (Amacore Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amacore Group Inc (OTCPK:ACGI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maitland Promenade 1, Suite 450, 485 North Keller Road, Maitland, FL, USA, 32751

Website

http://www.amacoregroup.com

Amacore Group Inc provides and markets healthcare-related membership products such as limited and major medical insurance programs, supplemental medical insurance and discount dental and vision programs for individuals and families. It offers services through agents, sales representatives, and marketing partners.

Executives

Vicis Capital, Llc	10 percent owner	445 PARK AVENUE, SUITE 1043, NEW YORK NY 10022
Vicis Capital Master Fund	10 percent owner	126 EAST 56TH STREET, TOWER 56, SUITE 700, NEW YORK NY 10022
Shadron L. Stastney	director	126 E. 56TH STREET, TOWER 56, SUITE 700, NEW YORK NY 10022

Amacore Group (Amacore Group) Headlines

No Headlines