Foodbase Group (Foodbase Group) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2012)

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What is Foodbase Group 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. Foodbase Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2012 was 0.00.

Foodbase Group's long-term debt to total assets ratio declined from Sep. 2011 (0.01) to Sep. 2012 (0.00). It may suggest that Foodbase Group is progressively becoming less dependent on debt to grow their business.

Foodbase Group LT-Debt-to-Total-Asset Historical Data

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

Foodbase Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

LT-Debt-to-Total-Asset

0.01

Foodbase Group Quarterly Data
	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.01	0.01	-	-	-

Foodbase Group LT-Debt-to-Total-Asset Calculation

Foodbase Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (A: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2011 )	/	Total Assets (A: Dec. 2011 )
	=	0.303	/	52.819
	=	0.01

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

LT Debt to Total Assets (Q: Sep. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2012 )	/	Total Assets (Q: Sep. 2012 )
	=	0.129	/	70.254
	=	0.00

Foodbase Group (OTCPK:FBGI) 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.

Foodbase Group LT-Debt-to-Total-Asset Related Terms

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Foodbase Group (Foodbase Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Foodbase Group Inc (OTCPK:FBGI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4030 Wake Forest Road, Suite 349, Raleigh, NC, USA, 27609

Website

https://www.foodbase.ai

Foodbase Group Inc is engaged in the operation of restaurants. The Company is an international enterprise specializing in research and development, production, sales, and service of dairy products.

Foodbase Group (Foodbase Group) Headlines

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