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Educational Development Corp  (NAS:EDUC) LT-Debt-to-Total-Asset: 0.34 (As of Aug. 2017)

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. Educational Development Corp's long-term debt to total assests ratio for the quarter that ended in Aug. 2017 was 0.34.

Educational Development Corp's long-term debt to total assets ratio increased from Aug. 2016 (0.32) to Aug. 2017 (0.34). It may suggest that Educational Development Corp is progressively becoming more dependent on debt to grow their business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Educational Development Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.36 0.31

Educational Development Corp Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
LT-Debt-to-Total-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.32 0.00 0.31 0.33 0.34

Calculation

Educational Development Corp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2017 is calculated as

LT Debt to Total Assets (A: Feb. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2017 )/Total Assets (A: Feb. 2017 )
=20.666/66.319
=0.31

Educational Development Corp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2017 is calculated as

LT Debt to Total Assets (Q: Aug. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2017 )/Total Assets (Q: Aug. 2017 )
=21.254/61.812
=0.34

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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