AVGPF (Avesco Group) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2016)

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What is Avesco 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. Avesco Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2016 was 0.15.

Avesco Group's long-term debt to total assets ratio declined from Mar. 2015 (0.25) to Mar. 2016 (0.15). It may suggest that Avesco Group is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Avesco 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.

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

Avesco Group Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

LT-Debt-to-Total-Asset

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0.15

0.21

0.10

0.24

0.22

Avesco Group Semi-Annual Data
	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.24	0.25	0.22	0.15

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

Avesco Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (A: Sep. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2015 )	/	Total Assets (A: Sep. 2015 )
	=	33.537	/	153.285
	=	0.22

Avesco Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (Q: Mar. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2016 )	/	Total Assets (Q: Mar. 2016 )
	=	23.983	/	159.305
	=	0.15

Avesco Group (OTCPK:AVGPF) 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.

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

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Avesco Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avesco Group PLC (OTCPK:AVGPF) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.avesco.com

Avesco Group PLC was incorporated on February 2, 1984. The Company provides services to the corporate presentation, entertainment and broadcast markets. Its operating business segments are Creative Technology, Full Service and Broadcast Services. The creative technology provides specialist AV services and equipment to the live events, broadcast and entertainment markets. The full service segment provides full technical support for conferences, sports, music, corporate and television programs. The broadcast services segment provides broadcast equipment, systems and services to the broadcast industry. The Company has operations in the United Kingdom, Mainland Europe, United States of America, and other part of the World.

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