Ecometals (Ecometals) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2012)

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What is Ecometals 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. Ecometals's long-term debt to total assests ratio for the quarter that ended in Dec. 2012 was 0.02.

Ecometals's long-term debt to total assets ratio increased from Dec. 2011 (0.02) to Dec. 2012 (0.02). It may suggest that Ecometals is progressively becoming more dependent on debt to grow their business.

Ecometals LT-Debt-to-Total-Asset Historical Data

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

Ecometals Annual Data

Trend

Mar03

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

LT-Debt-to-Total-Asset

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0.02

0.03

0.02

Ecometals Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Ecometals LT-Debt-to-Total-Asset Calculation

Ecometals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2012 is calculated as

LT Debt to Total Assets (A: Mar. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2012 )	/	Total Assets (A: Mar. 2012 )
	=	0.41	/	20.555
	=

Ecometals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (Q: Dec. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2012 )	/	Total Assets (Q: Dec. 2012 )
	=	0.288	/	12.485
	=

Ecometals (OTCPK:ECMLF) 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.

Ecometals LT-Debt-to-Total-Asset Related Terms

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Ecometals (Ecometals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ecometals Ltd (OTCPK:ECMLF) » Definitions » LT-Debt-to-Total-Asset

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Address

1090 West Georgia Street, Suit 1305, Vancouver, BC, CAN, V6E 3V7

Website

http://www.ecometalslimited.com

Ecometals Ltd is a mineral exploration company which focuses on South America. Its exploration portfolio includes gold projects in Ecuador and Brazil, and manganese gold and iron ore projects in Brazil.

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