CVST (Covista Communications) LT-Debt-to-Total-Asset: 0.00 (As of Apr. 2005)


What is Covista Communications LT-Debt-to-Total-Asset?

Covista Communications CVST -99.67% LT-Debt-to-Total-Asset is 0.00 as of Apr. 2005.

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. Covista Communications's long-term debt to total assests ratio for the quarter that ended in Apr. 2005 was 0.00.

Covista Communications's long-term debt to total assets ratio declined from Apr. 2004 (0.01) to Apr. 2005 (0.00). It may suggest that Covista Communications is progressively becoming less dependent on debt to grow their business.

Covista Communications  (OTCPK:CVST) 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.

Covista Communications LT-Debt-to-Total-Asset Related Terms

Covista Communications LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Covista Communications'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.

Covista Communications LT-Debt-to-Total-Asset Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.14 0.04 0.01 0.00

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.00

Covista Communications LT-Debt-to-Total-Asset Calculation

Covista Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2005 is calculated as

LT Debt to Total Assets (A: Jan. 2005 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2005 )/Total Assets (A: Jan. 2005 )
=0/27.231
=0.00

Covista Communications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2005 is calculated as

LT Debt to Total Assets (Q: Apr. 2005 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2005 )/Total Assets (Q: Apr. 2005 )
=0/24.311
=0.00

* 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 0.00 mean?
Covista Communications (CVST) has a LT-Debt-to-Total-Asset of 0.00 as of Apr. 2005. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Covista Communications and its competitors.
Is Covista Communications' LT-Debt-to-Total-Asset too high?
Covista Communications' current LT-Debt-to-Total-Asset is 0.00.
How does Covista Communications' LT-Debt-to-Total-Asset compare to FULO and TWER?
Covista Communications' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good LT-Debt-to-Total-Asset depends on the Telecommunication 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 Covista Communications and its competitors. Covista Communications's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Covista Communications (CVST), the current LT-Debt-to-Total-Asset is 0.00 as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.