CanAm Coal (FRA:RHE) LT-Debt-to-Total-Asset : 0.50 (As of Sep. 2014)

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What is CanAm Coal 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. CanAm Coal's long-term debt to total assests ratio for the quarter that ended in Sep. 2014 was 0.50.

CanAm Coal's long-term debt to total assets ratio increased from Sep. 2013 (0.36) to Sep. 2014 (0.50). It may suggest that CanAm Coal is progressively becoming more dependent on debt to grow their business.

CanAm Coal LT-Debt-to-Total-Asset Historical Data

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

CanAm Coal Annual Data

Trend

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Dec12

Dec13

LT-Debt-to-Total-Asset

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0.01

0.33

0.53

0.36

CanAm Coal Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.36	0.35	0.59	0.50

CanAm Coal LT-Debt-to-Total-Asset Calculation

CanAm Coal'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 )
	=	16.059	/	44.619
	=	0.36

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

LT Debt to Total Assets (Q: Sep. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2014 )	/	Total Assets (Q: Sep. 2014 )
	=	21.957	/	44.203
	=	0.50

CanAm Coal (FRA:RHE) 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.

CanAm Coal LT-Debt-to-Total-Asset Related Terms

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CanAm Coal (FRA:RHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CanAm Coal Corp (FRA:RHE) » Definitions » LT-Debt-to-Total-Asset

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Address

1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6

Website

http://www.canamcoal.com

CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.