Ecoloclean Industries (Ecoloclean Industries) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2006)

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What is Ecoloclean Industries 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. Ecoloclean Industries's long-term debt to total assests ratio for the quarter that ended in Jun. 2006 was 0.01.

Ecoloclean Industries's long-term debt to total assets ratio declined from Jun. 2005 (0.01) to Jun. 2006 (0.01). It may suggest that Ecoloclean Industries is progressively becoming less dependent on debt to grow their business.

Ecoloclean Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ecoloclean Industries'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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Ecoloclean Industries LT-Debt-to-Total-Asset Chart

Ecoloclean Industries Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

LT-Debt-to-Total-Asset

1.60

1.34

Ecoloclean Industries Quarterly Data
	Dec01	Sep02	Dec02	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.01	-	1.34	0.90	0.01

Ecoloclean Industries LT-Debt-to-Total-Asset Calculation

Ecoloclean Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2005 is calculated as

LT Debt to Total Assets (A: Dec. 2005 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2005 )	/	Total Assets (A: Dec. 2005 )
	=	1.318	/	0.983
	=	1.34

Ecoloclean Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2006 is calculated as

LT Debt to Total Assets (Q: Jun. 2006 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2006 )	/	Total Assets (Q: Jun. 2006 )
	=	0.01	/	1.437
	=	0.01

Ecoloclean Industries (OTCPK:ECCI) 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.

Ecoloclean Industries LT-Debt-to-Total-Asset Related Terms

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Ecoloclean Industries (Ecoloclean Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ecoloclean Industries Inc (OTCPK:ECCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2242 South Highway #83, Crystal City, TX, USA, 78839

Website

http://www.ecoloclean.com

Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.

Executives

Michael R Ward

director, 10 percent owner, officer: Secretary & Treasurer

13707 BLUFF GATE SAN ANTONIO TX 78216

Ecoloclean Industries (Ecoloclean Industries) Headlines

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