GPTC (Golden Patriot) LT-Debt-to-Total-Asset: 6.66 (As of Jan. 2008)

What is Golden Patriot LT-Debt-to-Total-Asset?

Golden Patriot GPTC -99.83% LT-Debt-to-Total-Asset is 6.66 as of Jan. 2008.

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. Golden Patriot's long-term debt to total assests ratio for the quarter that ended in Jan. 2008 was 6.66.

Golden Patriot's long-term debt to total assets ratio increased from Jan. 2007 (4.62) to Jan. 2008 (6.66). It may suggest that Golden Patriot is progressively becoming more dependent on debt to grow their business.

Golden Patriot (OTCPK:GPTC) 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.

Golden Patriot LT-Debt-to-Total-Asset Related Terms

Golden Patriot LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Golden Patriot'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.

Golden Patriot LT-Debt-to-Total-Asset Chart

Golden Patriot Annual Data

Trend

Apr02

Apr03

Apr04

Apr05

Apr06

Apr07

LT-Debt-to-Total-Asset

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0.00

2.96

0.00

0.88

3.90

Golden Patriot Quarterly Data
	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															4.62	3.90	5.87	0.00	6.66

Golden Patriot LT-Debt-to-Total-Asset Calculation

Golden Patriot's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2007 is calculated as

LT Debt to Total Assets (A: Apr. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2007 )	/	Total Assets (A: Apr. 2007 )
	=	0.878	/	0.225
	=

Golden Patriot's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2008 is calculated as

LT Debt to Total Assets (Q: Jan. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2008 )	/	Total Assets (Q: Jan. 2008 )
	=	0.959	/	0.144
	=

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 6.66 mean?

Golden Patriot (GPTC) has a LT-Debt-to-Total-Asset of 6.66 as of Jan. 2008. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Golden Patriot and its competitors.

Is Golden Patriot's LT-Debt-to-Total-Asset too high?

Golden Patriot's current LT-Debt-to-Total-Asset is 6.66.

How does Golden Patriot's LT-Debt-to-Total-Asset compare to GLRI and HELIQ?

Golden Patriot's LT-Debt-to-Total-Asset of 6.66 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Golden Patriot and its competitors. Golden Patriot's current LT-Debt-to-Total-Asset is 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Golden Patriot stock overvalued right now?

Golden Patriot (GPTC) has a current LT-Debt-to-Total-Asset of 6.66. The current LT-Debt-to-Total-Asset is 6.66. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Golden Patriot (GPTC), the current LT-Debt-to-Total-Asset is 6.66 as of Jan. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Patriot Business Description

Industry Energy Oil & Gas

Comparable Companies GLRI HELIQ TIRTZ GLFH TBRIF FOSI FSNR PROP GLFMQ MARPS LUPAQ WFTSF SVVDF RCON PHNHF DPDW SDPI ILISF BOARF SAEX

Address 8 Bond Street, Suite 124, Great Neck, NY, USA, 11021

Website http://www.goldenpatriotcorp.com

Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.