Cannabusiness Group (Cannabusiness Group) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2007)

View and export this data going back to . Start your Free Trial

What is Cannabusiness 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. Cannabusiness Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2007 was 0.39.

Cannabusiness Group's long-term debt to total assets ratio increased from Dec. 2005 (0.04) to Dec. 2007 (0.39). It may suggest that Cannabusiness Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Cannabusiness 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.

* Premium members only.

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

Cannabusiness Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.04

0.51

0.39

Cannabusiness Group Semi-Annual Data
	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.01	0.01	0.04	0.51	0.39

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

Cannabusiness Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	2.511	/	6.462
	=	0.39

Cannabusiness Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (Q: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2007 )	/	Total Assets (Q: Dec. 2007 )
	=	2.511	/	6.462
	=	0.39

Cannabusiness Group (OTCPK:CBGI) 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.

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

Thank you for viewing the detailed overview of Cannabusiness Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Cannabusiness Group (Cannabusiness Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cannabusiness Group Inc (OTCPK:CBGI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414

Website

http://www.musclewarfare.com

Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

No Headlines