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GuruFocus has detected 6 Warning Signs with J&J Snack Foods Corp $JJSF.
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J&J Snack Foods Corp (NAS:JJSF)
LT-Debt-to-Total-Asset
0.00 (As of Mar. 2017)

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 divide by its total assets. J&J Snack Foods Corp's long-term debt to total assests ratio for the quarter that ended in Mar. 2017 was 0.00.

J&J Snack Foods Corp's long-term debt to total assets ratio declined from Mar. 2016 (0.00) to Mar. 2017 (0.00). It may suggest that J&J Snack Foods Corp is progressively becoming less dependent on debt to grow their business.


Definition

J&J Snack Foods Corp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2016 is calculated as

LT Debt to Total Assets (A: Sep. 2016 )=Long-Term Debt (A: Sep. 2016 )/Total Assets (A: Sep. 2016 )
=1.235/790.487
=0.00

J&J Snack Foods Corp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (Q: Mar. 2017 )=Long-Term Debt (Q: Mar. 2017 )/Total Assets (Q: Mar. 2017 )
=1.067/825.037
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Long-Term Debt, Total Assets


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

J&J Snack Foods Corp Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
ltd2asset 0.000.000.000.000.000.000.000.000.000.00

J&J Snack Foods Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ltd2asset 0.000.000.000.000.000.000.000.000.000.00
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