Celerity Solutions (Celerity Solutions) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2099)

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What is Celerity Solutions 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. Celerity Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2099 was 0.20.

Celerity Solutions's long-term debt to total assets ratio increased from Dec. 2098 (0.04) to Dec. 2099 (0.20). It may suggest that Celerity Solutions is progressively becoming more dependent on debt to grow their business.

Celerity Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Celerity Solutions'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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Celerity Solutions LT-Debt-to-Total-Asset Chart

Celerity Solutions Annual Data

Trend

Mar91

Mar92

Mar93

Mar94

Mar95

Mar96

Mar97

Mar98

Mar99

LT-Debt-to-Total-Asset

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0.27

0.14

0.17

Celerity Solutions Quarterly Data
	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.17	0.20	0.14	0.20

Celerity Solutions LT-Debt-to-Total-Asset Calculation

Celerity Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2099 is calculated as

LT Debt to Total Assets (A: Mar. 2099 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2099 )	/	Total Assets (A: Mar. 2099 )
	=	1.02	/	5.956
	=	0.17

Celerity Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2099 is calculated as

LT Debt to Total Assets (Q: Dec. 2099 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2099 )	/	Total Assets (Q: Dec. 2099 )
	=	0.72	/	3.617
	=	0.20

Celerity Solutions (OTCPK:CLTY) 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.

Celerity Solutions LT-Debt-to-Total-Asset Related Terms

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Celerity Solutions (Celerity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Celerity Solutions Inc (OTCPK:CLTY) » Definitions » LT-Debt-to-Total-Asset

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Address

270 Bridge Street, Suite 301, Dedman, MA, USA, 02026

Website

https://www.celerity-solutions.com

Celerity Solutions Inc provides internet enables business software applications. It offers Business & Technology Strategy, Full lifecycle ERP Application Implementation & Strategic Enhancements, Business Intelligence & Custom Application Development.

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