Glen Rose Petroleum (Glen Rose Petroleum) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2011)

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What is Glen Rose Petroleum 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. Glen Rose Petroleum's long-term debt to total assests ratio for the quarter that ended in Dec. 2011 was 0.00.

Glen Rose Petroleum's long-term debt to total assets ratio declined from Dec. 2010 (0.73) to Dec. 2011 (0.00). It may suggest that Glen Rose Petroleum is progressively becoming less dependent on debt to grow their business.

Glen Rose Petroleum LT-Debt-to-Total-Asset Historical Data

The historical data trend for Glen Rose Petroleum'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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Glen Rose Petroleum LT-Debt-to-Total-Asset Chart

Glen Rose Petroleum Annual Data

Trend

Mar02

Mar03

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

LT-Debt-to-Total-Asset

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0.30

0.02

0.28

0.33

Glen Rose Petroleum Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.73	0.33	0.32	-	-

Glen Rose Petroleum LT-Debt-to-Total-Asset Calculation

Glen Rose Petroleum's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2011 is calculated as

LT Debt to Total Assets (A: Mar. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2011 )	/	Total Assets (A: Mar. 2011 )
	=	2.684	/	8.247
	=	0.33

Glen Rose Petroleum's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (Q: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2011 )	/	Total Assets (Q: Dec. 2011 )
	=	0	/	8.266
	=	0.00

Glen Rose Petroleum (GREY:GLRP) 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.

Glen Rose Petroleum LT-Debt-to-Total-Asset Related Terms

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