Firma Holdings (Firma Holdings) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2015)

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What is Firma Holdings 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. Firma Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2015 was 0.14.

Firma Holdings's long-term debt to total assets ratio increased from Jun. 2014 (0.10) to Jun. 2015 (0.14). It may suggest that Firma Holdings is progressively becoming more dependent on debt to grow their business.

Firma Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Firma Holdings'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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Firma Holdings LT-Debt-to-Total-Asset Chart

Firma Holdings Annual Data

Trend

Oct06

Oct07

Oct08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.09

0.01

0.05

0.17

Firma Holdings Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.11	0.17	0.16	0.14

Firma Holdings LT-Debt-to-Total-Asset Calculation

Firma Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	1.91	/	11.004
	=	0.17

Firma Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (Q: Jun. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2015 )	/	Total Assets (Q: Jun. 2015 )
	=	2.301	/	16.253
	=	0.14

Firma Holdings (OTCPK:FRMA) 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.

Firma Holdings LT-Debt-to-Total-Asset Related Terms

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Firma Holdings (Firma Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Firma Holdings Corp (OTCPK:FRMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4915 Main Street, 2nd Floor, Suite 3, Downers Grove, IL, USA, 60515

Website

https://www.firmaholdingscorp.com

Firma Holdings Corp operates in the mining and consumer product sales business. In addition, it also sells personal protection equipment (commonly referred to as "PPE"), and household and consumer products with its existing joint venture partners as well as participates as a procurement agent for both commercial and government entities.