ASFX (American Scientific Resources) LT-Debt-to-Total-Asset: 1.91 (As of Sep. 2011)


What is American Scientific Resources LT-Debt-to-Total-Asset?

American Scientific Resources ASFX -96.67% LT-Debt-to-Total-Asset is 1.91 as of Sep. 2011.

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. American Scientific Resources's long-term debt to total assests ratio for the quarter that ended in Sep. 2011 was 1.91.

American Scientific Resources's long-term debt to total assets ratio increased from . 20 (0.00) to Sep. 2011 (1.91). It may suggest that American Scientific Resources is progressively becoming more dependent on debt to grow their business.

American Scientific Resources  (OTCPK:ASFX) 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.

American Scientific Resources LT-Debt-to-Total-Asset Related Terms

American Scientific Resources LT-Debt-to-Total-Asset Historical Data

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The historical data trend for American Scientific Resources'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.

American Scientific Resources LT-Debt-to-Total-Asset Chart

American Scientific Resources Annual Data
Trend
LT-Debt-to-Total-Asset

American Scientific Resources Quarterly Data
Sep10 Sep11
LT-Debt-to-Total-Asset 0.00 1.91

American Scientific Resources LT-Debt-to-Total-Asset Calculation

American Scientific Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )=Long-Term Debt & Capital Lease Obligation (A: . 20 )/Total Assets (A: . 20 )
=/
=

American Scientific Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (Q: Sep. 2011 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2011 )/Total Assets (Q: Sep. 2011 )
=2.409/1.261
=1.91

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 1.91 mean?
American Scientific Resources (ASFX) has a LT-Debt-to-Total-Asset of 1.91 as of Sep. 2011. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on American Scientific Resources and its competitors.
Is American Scientific Resources' LT-Debt-to-Total-Asset too high?
American Scientific Resources' current LT-Debt-to-Total-Asset is 1.91.
How does American Scientific Resources' LT-Debt-to-Total-Asset compare to GNID and QTXB?
American Scientific Resources' LT-Debt-to-Total-Asset of 1.91 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Medical Devices & Instruments company?
A good LT-Debt-to-Total-Asset depends on the Medical Devices & Instruments industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on American Scientific Resources and its competitors. American Scientific Resources's current LT-Debt-to-Total-Asset is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Scientific Resources stock overvalued right now?
American Scientific Resources (ASFX) has a current LT-Debt-to-Total-Asset of 1.91. The current LT-Debt-to-Total-Asset is 1.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For American Scientific Resources (ASFX), the current LT-Debt-to-Total-Asset is 1.91 as of Sep. 2011. 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.

American Scientific Resources Business Description