GTMIF (Gastem) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2013)


What is Gastem LT-Debt-to-Total-Asset?

Gastem GTMIF -99.00% LT-Debt-to-Total-Asset is 0.00 as of Sep. 2013.

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. Gastem's long-term debt to total assests ratio for the quarter that ended in Sep. 2013 was 0.00.

Gastem's long-term debt to total assets ratio stayed the same from Sep. 2012 (0.00) to Sep. 2013 (0.00).


Gastem  (OTCPK:GTMIF) 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.


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


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

* Premium members only.

The historical data trend for Gastem'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.

Gastem LT-Debt-to-Total-Asset Chart

Gastem Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Gastem Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Gastem LT-Debt-to-Total-Asset Calculation

Gastem's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (A: Dec. 2012 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2012 )/Total Assets (A: Dec. 2012 )
=0/26.943
=

Gastem's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

LT Debt to Total Assets (Q: Sep. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2013 )/Total Assets (Q: Sep. 2013 )
=0/21.726
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Gastem (GTMIF) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2013. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Gastem and its competitors.
Is Gastem's LT-Debt-to-Total-Asset too high?
Gastem's current LT-Debt-to-Total-Asset is 0.00.
How does Gastem's LT-Debt-to-Total-Asset compare to ?
Gastem's LT-Debt-to-Total-Asset of 0.00 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 Gastem and its competitors. Gastem's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gastem stock overvalued right now?
Gastem (GTMIF) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Gastem (GTMIF), the current LT-Debt-to-Total-Asset is 0.00 as of Sep. 2013. 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.

Gastem Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 1155, rue University, Bureau 1308, Montreal, QC, CAN, H3B 3A7
Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.