MMIO (Marmion Industries) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2008)

What is Marmion Industries LT-Debt-to-Total-Asset?

Marmion Industries MMIO -95.00% LT-Debt-to-Total-Asset is 0.00 as of Sep. 2008.

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. Marmion Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2008 was 0.00.

Marmion Industries's long-term debt to total assets ratio declined from Sep. 2007 (0.02) to Sep. 2008 (0.00). It may suggest that Marmion Industries is progressively becoming less dependent on debt to grow their business.

Marmion Industries (OTCPK:MMIO) 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.

Marmion Industries LT-Debt-to-Total-Asset Related Terms

Marmion Industries LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Marmion Industries'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.

Marmion Industries LT-Debt-to-Total-Asset Chart

Marmion Industries Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

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0.00

0.08

0.06

0.02

0.19

Marmion Industries Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.19	0.00	0.00	0.00

Marmion Industries LT-Debt-to-Total-Asset Calculation

Marmion Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	0.484	/	2.564
	=	0.19

Marmion Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

LT Debt to Total Assets (Q: Sep. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2008 )	/	Total Assets (Q: Sep. 2008 )
	=	0	/	2.358
	=	0.00

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.00 mean?

Marmion Industries (MMIO) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2008. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Marmion Industries and its competitors.

Is Marmion Industries' LT-Debt-to-Total-Asset too high?

Marmion Industries' current LT-Debt-to-Total-Asset is 0.00.

How does Marmion Industries' LT-Debt-to-Total-Asset compare to UVND and OTIV?

Marmion Industries' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Construction 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 Construction company?

A good LT-Debt-to-Total-Asset depends on the Construction 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 Marmion Industries and its competitors. Marmion Industries'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 Marmion Industries stock overvalued right now?

Marmion Industries (MMIO) 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 Marmion Industries (MMIO), the current LT-Debt-to-Total-Asset is 0.00 as of Sep. 2008. 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.

Marmion Industries Business Description

Industry Industrials Construction

Comparable Companies UVND OTIV KEQU VIRC PCRBY PMTS EBF ESND KBAL VRTV KNL ACCO SCS HNI MLHR PAY PBI KNCAY BRTHY RICOY

Address 9103 Emmott Road, Building 6, Suite A, Houston, TX, USA, 77040

Website http://www.marmionair.com

Marmion Industries Corp manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers for the commercial sector.