GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Initio Inc (OTCPK:INTO) » Definitions » LT-Debt-to-Total-Asset

INTO (Initio) LT-Debt-to-Total-Asset : 0.14 (As of Jan. 2003)


View and export this data going back to 2003. Start your Free Trial

What is Initio 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. Initio's long-term debt to total assests ratio for the quarter that ended in Jan. 2003 was 0.14.

Initio's long-term debt to total assets ratio declined from Jan. 2002 (0.40) to Jan. 2003 (0.14). It may suggest that Initio is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Initio'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.

* Premium members only.

Initio LT-Debt-to-Total-Asset Chart

Initio Annual Data
Trend Apr94 Apr95 Apr96 Apr97 Apr98 Apr99 Apr00 Apr01
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.10 0.44 0.50 0.24 0.33

Initio Quarterly Data
Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03
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 0.40 0.13 0.13 0.14 0.14

Initio LT-Debt-to-Total-Asset Calculation

Initio's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2001 is calculated as

LT Debt to Total Assets (A: Apr. 2001 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2001 )/Total Assets (A: Apr. 2001 )
=2.278/6.96
=0.33

Initio's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2003 is calculated as

LT Debt to Total Assets (Q: Jan. 2003 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2003 )/Total Assets (Q: Jan. 2003 )
=0.668/4.835
=0.14

* 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.


Initio  (OTCPK:INTO) 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.


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

Thank you for viewing the detailed overview of Initio's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Initio Business Description

Traded in Other Exchanges
N/A
Address
350 West Passaic Street, Suite No. 2, Rochelle Park, NJ, USA, 07662
Initio Inc provides business and financial consulting. It is also engaged in investing and trading shares of publicly owned securities.

Initio Headlines

No Headlines