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

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What is Covista Communications 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. 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 LT-Debt-to-Total-Asset Historical Data

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.

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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

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0.01

0.14

0.04

0.01

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															0.01	-	-	-	-

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

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

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Covista Communications (Covista Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Covista Communications Inc (OTCPK:CVST) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402

Website

http://www.covistacommunications.com

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.

Executives

W Thorpe Mckenzie	director	735 BROAD ST, STE 1105, CHATTANOOGA TN 37402
Jay J Miller	director	430 EAST 57TH STREET SUITE 5 D, NEW YORK NY 10022

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