JMIH (Jupiter Marine International Holdings) LT-Debt-to-Total-Asset: 0.00 (As of Oct. 2007)


What is Jupiter Marine International Holdings LT-Debt-to-Total-Asset?

Jupiter Marine International Holdings JMIH LT-Debt-to-Total-Asset is 0.00 as of Oct. 2007.

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. Jupiter Marine International Holdings's long-term debt to total assests ratio for the quarter that ended in Oct. 2007 was 0.00.

Jupiter Marine International Holdings's long-term debt to total assets ratio declined from Oct. 2006 (0.07) to Oct. 2007 (0.00). It may suggest that Jupiter Marine International Holdings is progressively becoming less dependent on debt to grow their business.

Jupiter Marine International Holdings  (OTCPK:JMIH) 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.

Jupiter Marine International Holdings LT-Debt-to-Total-Asset Related Terms

Jupiter Marine International Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings LT-Debt-to-Total-Asset Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.13 0.00 0.07 0.00

Jupiter Marine International Holdings Quarterly Data
Jul01 Oct01 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 0.07 0.07 0.07 0.00 0.00

Jupiter Marine International Holdings LT-Debt-to-Total-Asset Calculation

Jupiter Marine International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2007 is calculated as

LT Debt to Total Assets (A: Jul. 2007 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2007 )/Total Assets (A: Jul. 2007 )
=0.016/4.094
=0.00

Jupiter Marine International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2007 is calculated as

LT Debt to Total Assets (Q: Oct. 2007 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2007 )/Total Assets (Q: Oct. 2007 )
=0.01/4.91
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Jupiter Marine International Holdings (JMIH) has a LT-Debt-to-Total-Asset of 0.00 as of Oct. 2007. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Jupiter Marine International Holdings and its competitors.
Is Jupiter Marine International Holdings' LT-Debt-to-Total-Asset too high?
Jupiter Marine International Holdings' current LT-Debt-to-Total-Asset is 0.00.
How does Jupiter Marine International Holdings' LT-Debt-to-Total-Asset compare to GBBT and MLFB?
Jupiter Marine International Holdings' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Jupiter Marine International Holdings and its competitors. Jupiter Marine International Holdings's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Marine International Holdings stock overvalued right now?
Jupiter Marine International Holdings (JMIH) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Jupiter Marine International Holdings (JMIH), the current LT-Debt-to-Total-Asset is 0.00 as of Oct. 2007. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jupiter Marine International Holdings Business Description

Address 1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like Jupiter 26, Jupiter 34, 340LS, 380LS and others. Geographically the business activities are carried out through Palmetto, Florida.