ESNR (Electronic Sensor Technology) LT-Debt-to-Total-Asset: 1.74 (As of Sep. 2009)


What is Electronic Sensor Technology LT-Debt-to-Total-Asset?

Electronic Sensor Technology ESNR -99.00% LT-Debt-to-Total-Asset is 1.74 as of Sep. 2009.

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. Electronic Sensor Technology's long-term debt to total assests ratio for the quarter that ended in Sep. 2009 was 1.74.

Electronic Sensor Technology's long-term debt to total assets ratio increased from Sep. 2008 (0.99) to Sep. 2009 (1.74). It may suggest that Electronic Sensor Technology is progressively becoming more dependent on debt to grow their business.

Electronic Sensor Technology  (OTCPK:ESNR) 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.

Electronic Sensor Technology LT-Debt-to-Total-Asset Related Terms

Electronic Sensor Technology LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Electronic Sensor Technology'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.

Electronic Sensor Technology LT-Debt-to-Total-Asset Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
LT-Debt-to-Total-Asset
0.00 0.03 0.57 1.30 1.29

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 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 0.99 1.29 1.67 1.15 1.74

Electronic Sensor Technology LT-Debt-to-Total-Asset Calculation

Electronic Sensor Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (A: Dec. 2008 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2008 )/Total Assets (A: Dec. 2008 )
=1.968/1.528
=1.29

Electronic Sensor Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2009 is calculated as

LT Debt to Total Assets (Q: Sep. 2009 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2009 )/Total Assets (Q: Sep. 2009 )
=1.96/1.127
=1.74

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 1.74 mean?
Electronic Sensor Technology (ESNR) has a LT-Debt-to-Total-Asset of 1.74 as of Sep. 2009. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Electronic Sensor Technology and its competitors.
Is Electronic Sensor Technology's LT-Debt-to-Total-Asset too high?
Electronic Sensor Technology's current LT-Debt-to-Total-Asset is 1.74.
How does Electronic Sensor Technology's LT-Debt-to-Total-Asset compare to TRWRF and UCLE?
Electronic Sensor Technology's LT-Debt-to-Total-Asset of 1.74 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Hardware company?
A good LT-Debt-to-Total-Asset depends on the Hardware industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Electronic Sensor Technology and its competitors. Electronic Sensor Technology's current LT-Debt-to-Total-Asset is 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current LT-Debt-to-Total-Asset of 1.74. The current LT-Debt-to-Total-Asset is 1.74. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Electronic Sensor Technology (ESNR), the current LT-Debt-to-Total-Asset is 1.74 as of Sep. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electronic Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.