BLFR (BlueFire Equipment) LT-Debt-to-Total-Asset: 1.26 (As of Sep. 2013)


What is BlueFire Equipment LT-Debt-to-Total-Asset?

BlueFire Equipment BLFR LT-Debt-to-Total-Asset is 1.26 as of Sep. 2013.

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. BlueFire Equipment's long-term debt to total assests ratio for the quarter that ended in Sep. 2013 was 1.26.

BlueFire Equipment's long-term debt to total assets ratio increased from Sep. 2012 (0.00) to Sep. 2013 (1.26). It may suggest that BlueFire Equipment is progressively becoming more dependent on debt to grow their business.

BlueFire Equipment  (OTCPK:BLFR) 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.

BlueFire Equipment LT-Debt-to-Total-Asset Related Terms

BlueFire Equipment LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for BlueFire Equipment'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.

BlueFire Equipment LT-Debt-to-Total-Asset Chart

BlueFire Equipment Annual Data
Trend Dec11 Dec12
LT-Debt-to-Total-Asset
0.00 0.00

BlueFire Equipment Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.56 1.26

BlueFire Equipment LT-Debt-to-Total-Asset Calculation

BlueFire Equipment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (A: Dec. 2012 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2012 )/Total Assets (A: Dec. 2012 )
=0/0.146
=0.00

BlueFire Equipment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

LT Debt to Total Assets (Q: Sep. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2013 )/Total Assets (Q: Sep. 2013 )
=0.15/0.119
=1.26

* 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 1.26 mean?
BlueFire Equipment (BLFR) has a LT-Debt-to-Total-Asset of 1.26 as of Sep. 2013. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on BlueFire Equipment and its competitors.
Is BlueFire Equipment's LT-Debt-to-Total-Asset too high?
BlueFire Equipment's current LT-Debt-to-Total-Asset is 1.26.
How does BlueFire Equipment's LT-Debt-to-Total-Asset compare to TIRTZ and ESES?
BlueFire Equipment's LT-Debt-to-Total-Asset of 1.26 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services 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 BlueFire Equipment and its competitors. BlueFire Equipment's current LT-Debt-to-Total-Asset is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueFire Equipment stock overvalued right now?
BlueFire Equipment (BLFR) has a current LT-Debt-to-Total-Asset of 1.26. The current LT-Debt-to-Total-Asset is 1.26. 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 BlueFire Equipment (BLFR), the current LT-Debt-to-Total-Asset is 1.26 as of Sep. 2013. 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.

BlueFire Equipment Business Description

Address 100 NE Loop 410, Suite 1500, San Antonio, TX, USA, TX 78216
BlueFire Equipment Corp is a shell company. The Company is a merger/acquisition vehicle looking for a merger partner.