NOEC (New Oriental Energy & Chemical) LT-Debt-to-Total-Asset: 0.06 (As of Dec. 2010)


What is New Oriental Energy & Chemical LT-Debt-to-Total-Asset?

New Oriental Energy & Chemical NOEC -99.00% LT-Debt-to-Total-Asset is 0.06 as of Dec. 2010.

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. New Oriental Energy & Chemical's long-term debt to total assests ratio for the quarter that ended in Dec. 2010 was 0.06.

New Oriental Energy & Chemical's long-term debt to total assets ratio declined from Dec. 2009 (0.06) to Dec. 2010 (0.06). It may suggest that New Oriental Energy & Chemical is progressively becoming less dependent on debt to grow their business.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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.

New Oriental Energy & Chemical LT-Debt-to-Total-Asset Related Terms

New Oriental Energy & Chemical LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical LT-Debt-to-Total-Asset Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
LT-Debt-to-Total-Asset
0.00 0.00 0.01 0.06 0.05

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 0.04 0.04 0.06

New Oriental Energy & Chemical LT-Debt-to-Total-Asset Calculation

New Oriental Energy & Chemical's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2010 is calculated as

LT Debt to Total Assets (A: Mar. 2010 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2010 )/Total Assets (A: Mar. 2010 )
=3.059/62.183
=0.05

New Oriental Energy & Chemical's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2010 is calculated as

LT Debt to Total Assets (Q: Dec. 2010 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2010 )/Total Assets (Q: Dec. 2010 )
=3.151/54.315
=0.06

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.06 mean?
New Oriental Energy & Chemical (NOEC) has a LT-Debt-to-Total-Asset of 0.06 as of Dec. 2010. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's LT-Debt-to-Total-Asset too high?
New Oriental Energy & Chemical's current LT-Debt-to-Total-Asset is 0.06.
How does New Oriental Energy & Chemical's LT-Debt-to-Total-Asset compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's LT-Debt-to-Total-Asset of 0.06 can be compared against companies in the Agriculture 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 an Agriculture company?
A good LT-Debt-to-Total-Asset depends on the Agriculture 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 New Oriental Energy & Chemical and its competitors. New Oriental Energy & Chemical's current LT-Debt-to-Total-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current LT-Debt-to-Total-Asset of 0.06. The current LT-Debt-to-Total-Asset is 0.06. 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 New Oriental Energy & Chemical (NOEC), the current LT-Debt-to-Total-Asset is 0.06 as of Dec. 2010. 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.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.