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Symbion Health (ASX:SY1) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2007)


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What is Symbion Health 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. Symbion Health's long-term debt to total assests ratio for the quarter that ended in Jun. 2007 was 0.27.

Symbion Health's long-term debt to total assets ratio increased from Jun. 2005 (0.07) to Jun. 2007 (0.27). It may suggest that Symbion Health is progressively becoming more dependent on debt to grow their business.


Symbion Health LT-Debt-to-Total-Asset Historical Data

The historical data trend for Symbion Health'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.

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Symbion Health LT-Debt-to-Total-Asset Chart

Symbion Health Annual Data
Trend Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.18 0.07 0.28 0.27

Symbion Health Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.18 0.07 0.28 0.27

Symbion Health LT-Debt-to-Total-Asset Calculation

Symbion Health's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2007 is calculated as

LT Debt to Total Assets (A: Jun. 2007 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2007 )/Total Assets (A: Jun. 2007 )
=598.87/2225.908
=0.27

Symbion Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2007 is calculated as

LT Debt to Total Assets (Q: Jun. 2007 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2007 )/Total Assets (Q: Jun. 2007 )
=598.87/2225.908
=0.27

* 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.


Symbion Health  (ASX:SY1) 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.


Symbion Health LT-Debt-to-Total-Asset Related Terms

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Symbion Health Business Description

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Symbion Group Limited (SYB, formerly Mayne Group Limited) is a healthcare-focused company comprised of 5 divisions: Pathology; Medical Centres; Imaging; Pharmacy Services; and Symbion Consumer.

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