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Medical Care Service Company (NGO:2494) LT-Debt-to-Total-Asset : 0.17 (As of Feb. 2013)


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What is Medical Care Service Company 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 Care Service Company's long-term debt to total assests ratio for the quarter that ended in Feb. 2013 was 0.17.

Medical Care Service Company's long-term debt to total assets ratio increased from Feb. 2012 (0.13) to Feb. 2013 (0.17). It may suggest that Medical Care Service Company is progressively becoming more dependent on debt to grow their business.

Medical Care Service Company LT-Debt-to-Total-Asset Historical Data

The historical data trend for Medical Care Service Company'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 Care Service Company LT-Debt-to-Total-Asset Chart

Medical Care Service Company Annual Data
Trend Aug09 Aug10 Aug11
LT-Debt-to-Total-Asset
0.12 0.15 0.16

Medical Care Service Company Quarterly Data
Aug10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.16 0.19 0.17

Medical Care Service Company LT-Debt-to-Total-Asset Calculation

Medical Care Service Company's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2011 is calculated as

LT Debt to Total Assets (A: Aug. 2011 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2011 )/Total Assets (A: Aug. 2011 )
=894.696/5535.127
=0.16

Medical Care Service Company's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2013 is calculated as

LT Debt to Total Assets (Q: Feb. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2013 )/Total Assets (Q: Feb. 2013 )
=1191.161/6996.024
=0.17

* 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.

Medical Care Service Company  (NGO:2494) 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 Care Service Company LT-Debt-to-Total-Asset Related Terms

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