MEDD (Medical Imaging) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2018)

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What is Medical Imaging 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. Medical Imaging's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.31.

Medical Imaging's long-term debt to total assets ratio increased from Sep. 2017 (0.14) to Sep. 2018 (0.31). It may suggest that Medical Imaging is progressively becoming more dependent on debt to grow their business.

Medical Imaging LT-Debt-to-Total-Asset Historical Data

The historical data trend for Medical Imaging'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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Medical Imaging LT-Debt-to-Total-Asset Chart

Medical Imaging Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.69

0.47

0.09

Medical Imaging Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.09	0.05	0.37	0.31

Medical Imaging LT-Debt-to-Total-Asset Calculation

Medical Imaging's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	0.382	/	4.192
	=	0.09

Medical Imaging's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )	/	Total Assets (Q: Sep. 2018 )
	=	1.004	/	3.288
	=	0.31

Medical Imaging (OTCPK:MEDD) 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.

Medical Imaging LT-Debt-to-Total-Asset Related Terms

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Medical Imaging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Medical Imaging Corp (OTCPK:MEDD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

848 N Rainbow Boulevard, Suite 2494, Las Vegas, NV, USA, 89107

Website

http://www.medimagingcorp.com

Medical Imaging Corp is a United States-based healthcare services company focused on the acquisition of existing full-service imaging clinics. Through its subsidiaries, the firm provides medical diagnostic imaging services. The services provided include magnetic resonance imaging, CT scans, ultrasound, X-ray, and others. The group has operations in the United States and Canada. The organization generates revenue from the medical scans services and teleradiology services, of which medical scans services contributes the maximum to the revenue.

Medical Imaging Headlines

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