China Runji Cement (China Runji Cement) LT-Debt-to-Total-Asset : 0.03 (As of Feb. 2011)

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What is China Runji Cement 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. China Runji Cement's long-term debt to total assests ratio for the quarter that ended in Feb. 2011 was 0.03.

China Runji Cement's long-term debt to total assets ratio increased from Feb. 2010 (0.00) to Feb. 2011 (0.03). It may suggest that China Runji Cement is progressively becoming more dependent on debt to grow their business.

China Runji Cement LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Runji Cement'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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China Runji Cement LT-Debt-to-Total-Asset Chart

China Runji Cement Annual Data

Trend

Jan06

Jan07

Aug08

Aug09

Aug10

LT-Debt-to-Total-Asset

China Runji Cement Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.03

China Runji Cement LT-Debt-to-Total-Asset Calculation

China Runji Cement's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2010 is calculated as

LT Debt to Total Assets (A: Aug. 2010 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2010 )	/	Total Assets (A: Aug. 2010 )
	=	0	/	74.777
	=	0.00

China Runji Cement's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2011 is calculated as

LT Debt to Total Assets (Q: Feb. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2011 )	/	Total Assets (Q: Feb. 2011 )
	=	2.195	/	81.048
	=	0.03

China Runji Cement (GREY:CRJI) 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.

China Runji Cement LT-Debt-to-Total-Asset Related Terms

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China Runji Cement (China Runji Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Runji Cement Inc (GREY:CRJI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Xianzong town, Hanshan county, Chaohu, Anhui, CHN

Website

China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

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