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Ultrapay Limited (ASX:ULT) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2006)


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What is Ultrapay Limited 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. Ultrapay Limited's long-term debt to total assests ratio for the quarter that ended in Dec. 2006 was 0.32.

Ultrapay Limited's long-term debt to total assets ratio increased from Dec. 2005 (0.08) to Dec. 2006 (0.32). It may suggest that Ultrapay Limited is progressively becoming more dependent on debt to grow their business.


Ultrapay Limited LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ultrapay Limited'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.

Ultrapay Limited LT-Debt-to-Total-Asset Chart

Ultrapay Limited Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 - 0.09 0.26

Ultrapay Limited Semi-Annual Data
Dec96 Jun97 Dec98 Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.09 0.08 0.26 0.32

Ultrapay Limited LT-Debt-to-Total-Asset Calculation

Ultrapay Limited's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2006 is calculated as

LT Debt to Total Assets (A: Jun. 2006 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2006 )/Total Assets (A: Jun. 2006 )
=2.198/8.417
=0.26

Ultrapay Limited's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (Q: Dec. 2006 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2006 )/Total Assets (Q: Dec. 2006 )
=2.027/6.29
=0.32

* 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.


Ultrapay Limited  (ASX:ULT) 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.


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Ultrapay Limited (ASX:ULT) Business Description

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