Innovest Global (Innovest Global) LT-Debt-to-Total-Asset : 0.77 (As of Jun. 2009)

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What is Innovest Global 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. Innovest Global's long-term debt to total assests ratio for the quarter that ended in Jun. 2009 was 0.77.

Innovest Global's long-term debt to total assets ratio increased from Jun. 2008 (0.00) to Jun. 2009 (0.77). It may suggest that Innovest Global is progressively becoming more dependent on debt to grow their business.

Innovest Global LT-Debt-to-Total-Asset Historical Data

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

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

LT-Debt-to-Total-Asset

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0.84

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.05	0.84	0.79	0.77

Innovest Global LT-Debt-to-Total-Asset Calculation

Innovest Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (A: Dec. 2008 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2008 )	/	Total Assets (A: Dec. 2008 )
	=	1.602	/	1.897
	=

Innovest Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2009 is calculated as

LT Debt to Total Assets (Q: Jun. 2009 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2009 )	/	Total Assets (Q: Jun. 2009 )
	=	1.759	/	2.273
	=

Innovest Global (OTCPK:IVST) 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.

Innovest Global LT-Debt-to-Total-Asset Related Terms

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Innovest Global (Innovest Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.