Innovaro (Innovaro) LT-Debt-to-Total-Asset : 0.30 (As of Sep. 2013)

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What is Innovaro 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. Innovaro's long-term debt to total assests ratio for the quarter that ended in Sep. 2013 was 0.30.

Innovaro's long-term debt to total assets ratio increased from Sep. 2012 (0.10) to Sep. 2013 (0.30). It may suggest that Innovaro is progressively becoming more dependent on debt to grow their business.

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

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

Innovaro Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

LT-Debt-to-Total-Asset

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0.02

0.13

0.22

0.19

0.23

Innovaro 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															0.10	0.23	0.25	0.30	0.30

Innovaro LT-Debt-to-Total-Asset Calculation

Innovaro'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 )
	=	1.939	/	8.469
	=	0.23

Innovaro'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 )
	=	1.958	/	6.48
	=	0.30

Innovaro (OTCPK:INNI) 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.

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

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Innovaro (Innovaro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovaro Inc (OTCPK:INNI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217

Website

https://www.innovaroinc.com

Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.

Executives

John Micek	director	300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset	director	700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas	director	2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope	director	4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring	officer: VICE PRESIDENT	RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

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