IMRIS (IMRSQ) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2014)

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What is IMRIS 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. IMRIS's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.32.

IMRIS's long-term debt to total assets ratio increased from Dec. 2013 (0.25) to Dec. 2014 (0.32). It may suggest that IMRIS is progressively becoming more dependent on debt to grow their business.

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

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

IMRIS Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.25

0.32

IMRIS Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.27	0.31	0.35	0.32

IMRIS LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	21.026	/	65.484
	=	0.32

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

LT Debt to Total Assets (Q: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )	/	Total Assets (Q: Dec. 2014 )
	=	21.026	/	65.484
	=	0.32

IMRIS (GREY:IMRSQ) 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.

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

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IMRIS (IMRSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IMRIS Inc (GREY:IMRSQ) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

100-1370 Sony Place, Winnipeg, MB, CAN, R3T 1N5

Website

http://www.imris.com

IMRIS Inc designs, manufactures and markets Image-guided therapy systems that improves the effectiveness of therapy delivery. Its main product is the Visius surgical theater. The company provides its products to hospitals that deliver clinical services to patients in the neurosurgical, spinal, cerebrovascular and cardiovascular markets. The firm is focused on bringing enhanced visualization to the point of therapy delivery and is spread across Canada, United States, Europe and the Middle East and Asia-Pacific.

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