EFLT (eFleets) LT-Debt-to-Total-Asset : 3.01 (As of Jun. 2014)

View and export this data going back to 2010. Start your Free Trial

What is eFleets 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. eFleets's long-term debt to total assests ratio for the quarter that ended in Jun. 2014 was 3.01.

eFleets's long-term debt to total assets ratio declined from Jun. 2013 (3.41) to Jun. 2014 (3.01). It may suggest that eFleets is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for eFleets'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.

* Premium members only.

eFleets LT-Debt-to-Total-Asset Chart

eFleets Annual Data

Trend

May09

May10

May11

May12

Dec13

LT-Debt-to-Total-Asset

10.71

eFleets Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	Jun13	Sep13	Dec13	Mar14	Jun14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															3.41	3.97	10.71	12.15	3.01

eFleets LT-Debt-to-Total-Asset Calculation

eFleets's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )	/	Total Assets (A: Dec. 2013 )
	=	2.966	/	0.277
	=	10.71

eFleets's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (Q: Jun. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2014 )	/	Total Assets (Q: Jun. 2014 )
	=	2.007	/	0.667
	=	3.01

eFleets (GREY:EFLT) 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.

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

Thank you for viewing the detailed overview of eFleets's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

eFleets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » eFleets Corp (GREY:EFLT) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

7660 Pebble Drive, Fort Worth, TX, USA, 76118

Website

eFleets Corp is focused on the design, development and manufacturing of an all-electric fleet vehicle for the essential services market. The company's all-electric vehicles are designed for use in traffic control/parking enforcement, security, small package delivery, military, maintenance, airport services, warehouses, and other comparable utility application. Its electric vehicles offer a zero-emission, high performance, low-maintenance and affordable alternative to specifically meet the needs of fleet vehicles in the essential services market. The company is focused on developing technology for its battery management and integrated drive system, which maximizes energy efficiency to satisfy the needs of its customers.

eFleets Headlines

No Headlines