FRMO (FRMO) LT-Debt-to-Total-Asset : 0.00 (As of May. 2014)

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What is FRMO 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. FRMO's long-term debt to total assests ratio for the quarter that ended in May. 2014 was 0.00.

FRMO's long-term debt to total assets ratio stayed the same from May. 2012 (0.00) to May. 2014 (0.00).

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

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

FRMO Annual Data

Trend

Feb00

Feb01

Feb02

Feb03

Feb04

May12

May13

May14

LT-Debt-to-Total-Asset

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FRMO Semi-Annual Data
	Feb00	Feb01	Feb02	Feb03	Feb04	May12	May13	May14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	-

FRMO LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: May. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2014 )	/	Total Assets (A: May. 2014 )
	=	0	/	110.445
	=	0.00

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

LT Debt to Total Assets (Q: May. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2014 )	/	Total Assets (Q: May. 2014 )
	=	0	/	110.445
	=	0.00

FRMO (OTCPK:FRMO) 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.

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

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FRMO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is an intellectual capital firm identifying and managing investment strategies and business opportunities.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527