Health-Chem (Health-Chem) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2007)

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What is Health-Chem 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. Health-Chem's long-term debt to total assests ratio for the quarter that ended in Jun. 2007 was 0.27.

Health-Chem's long-term debt to total assets ratio increased from Mar. 2006 (0.00) to Jun. 2007 (0.27). It may suggest that Health-Chem is progressively becoming more dependent on debt to grow their business.

Health-Chem LT-Debt-to-Total-Asset Historical Data

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

Health-Chem Annual Data

Trend

Dec91

Dec92

Dec93

Dec94

Dec95

Dec96

Dec97

Dec04

Dec05

Dec06

LT-Debt-to-Total-Asset

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0.48

0.55

0.02

0.22

0.26

Health-Chem Quarterly Data
	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec04	Dec05	Mar06	Jun06	Dec06	Mar07	Jun07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.26	0.28	0.27

Health-Chem LT-Debt-to-Total-Asset Calculation

Health-Chem's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )	/	Total Assets (A: Dec. 2006 )
	=	1.485	/	5.793
	=	0.26

Health-Chem's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2007 is calculated as

LT Debt to Total Assets (Q: Jun. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2007 )	/	Total Assets (Q: Jun. 2007 )
	=	1.466	/	5.537
	=	0.26

Health-Chem (OTCPK:HCLC) 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.

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