Neon Bloom (Neon Bloom) LT-Debt-to-Total-Asset : 0.41 (As of Mar. 2011)

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What is Neon Bloom 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. Neon Bloom's long-term debt to total assests ratio for the quarter that ended in Mar. 2011 was 0.41.

Neon Bloom's long-term debt to total assets ratio increased from Mar. 2010 (0.23) to Mar. 2011 (0.41). It may suggest that Neon Bloom is progressively becoming more dependent on debt to grow their business.

Neon Bloom LT-Debt-to-Total-Asset Historical Data

The historical data trend for Neon Bloom'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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Neon Bloom LT-Debt-to-Total-Asset Chart

Neon Bloom Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

LT-Debt-to-Total-Asset

0.10

0.03

0.06

0.29

Neon Bloom Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.23	0.21	0.25	0.29	0.41

Neon Bloom LT-Debt-to-Total-Asset Calculation

Neon Bloom's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

LT Debt to Total Assets (A: Dec. 2010 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2010 )	/	Total Assets (A: Dec. 2010 )
	=	0.048	/	0.166
	=	0.29

Neon Bloom's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2011 is calculated as

LT Debt to Total Assets (Q: Mar. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2011 )	/	Total Assets (Q: Mar. 2011 )
	=	0.127	/	0.308
	=	0.41

Neon Bloom (OTCPK:NBCO) 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.

Neon Bloom LT-Debt-to-Total-Asset Related Terms

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Neon Bloom (Neon Bloom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Neon Bloom Inc (OTCPK:NBCO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8860 Columbia 100 Parkway, Suite 216, Columbia, MD, USA, 21045

Website

https://www.bazelethealth.com

Neon Bloom Inc is a holding company. It is a science-based firm that uses plant science proprietary products and technology to promote wellness and remedies in the hemp and medical cannabis industry.

Executives

Neev Nissenson

director, officer: VP, Secretary Director

42 CARRY WAY, CARSON CITY NV 89521