Club Mediterranee (LTS:0K8Q) LT-Debt-to-Total-Asset : 0.07 (As of Oct. 2014)

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What is Club Mediterranee 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. Club Mediterranee's long-term debt to total assests ratio for the quarter that ended in Oct. 2014 was 0.07.

Club Mediterranee's long-term debt to total assets ratio declined from Oct. 2012 (0.11) to Oct. 2014 (0.07). It may suggest that Club Mediterranee is progressively becoming less dependent on debt to grow their business.

Club Mediterranee LT-Debt-to-Total-Asset Historical Data

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

Club Mediterranee Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

LT-Debt-to-Total-Asset

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0.14

0.15

0.11

0.12

0.07

Club Mediterranee Semi-Annual Data
	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.14	0.15	0.11	0.12	0.07

Club Mediterranee LT-Debt-to-Total-Asset Calculation

Club Mediterranee's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2014 is calculated as

LT Debt to Total Assets (A: Oct. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2014 )	/	Total Assets (A: Oct. 2014 )
	=	84	/	1245
	=	0.07

Club Mediterranee's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2014 is calculated as

LT Debt to Total Assets (Q: Oct. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2014 )	/	Total Assets (Q: Oct. 2014 )
	=	84	/	1245
	=	0.07

Club Mediterranee (LTS:0K8Q) 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.

Club Mediterranee LT-Debt-to-Total-Asset Related Terms

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Club Mediterranee (LTS:0K8Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Club Mediterranee SA (LTS:0K8Q) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.clubmed.com

Club MÃ©diterranÃ©e, established on November 12, 1957, operates in the tourism market. The Group is organized into three geographical regions: The Europe-Africa region (EAF), comprising the countries of Europe, the Middle East and Africa; the Americas region, aggregating the North America (including the West Indies) and South America operating segments; the Asia region, comprising the countries of Eastern and Southern Asia and the Pacific (ESAP) and Greater China (China, Taiwan, Hong Kong). The Group also has a real estate development business which builds and sells villas and luxury chalet-apartments.

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