NanoTech Entertainment (NanoTech Entertainment) LT-Debt-to-Total-Asset : 2.19 (As of Mar. 2010)

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What is NanoTech Entertainment 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. NanoTech Entertainment's long-term debt to total assests ratio for the quarter that ended in Mar. 2010 was 2.19.

NanoTech Entertainment's long-term debt to total assets ratio increased from Mar. 2009 (0.67) to Mar. 2010 (2.19). It may suggest that NanoTech Entertainment is progressively becoming more dependent on debt to grow their business.

NanoTech Entertainment LT-Debt-to-Total-Asset Historical Data

The historical data trend for NanoTech Entertainment'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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NanoTech Entertainment LT-Debt-to-Total-Asset Chart

NanoTech Entertainment Annual Data

Trend

Jun09

LT-Debt-to-Total-Asset

2.10

NanoTech Entertainment Quarterly Data
	Sep07	Dec07	Mar08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.67	2.10	1.72	1.80	2.19

NanoTech Entertainment LT-Debt-to-Total-Asset Calculation

NanoTech Entertainment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2009 is calculated as

LT Debt to Total Assets (A: Jun. 2009 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2009 )	/	Total Assets (A: Jun. 2009 )
	=	0.25	/	0.119
	=	2.10

NanoTech Entertainment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2010 is calculated as

LT Debt to Total Assets (Q: Mar. 2010 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2010 )	/	Total Assets (Q: Mar. 2010 )
	=	0.25	/	0.114
	=	2.19

NanoTech Entertainment (OTCPK:NTEK) 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.

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NanoTech Entertainment (NanoTech Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NanoTech Entertainment Inc (OTCPK:NTEK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2450 Kruse Drive, San Jose, CA, USA, 95131

Website

https://www.ntek.com

NanoTech Entertainment Inc operates as a manufacturer and developer of technology, games, television content, consumer goods, mobile applications, and consumer software. The portfolio of the company includes Ultraflix which offers 4K Ultra HD video for its subscribers, 4K studios which offers hardware and software solutions for 4K Ultra high definition output, and Ultra Media group which is a content licensing and production company that focuses on acquisition and creation of digital content. The company generates revenue from licensing products to third parties for manufacturing, distribution, manufacture, and sale and rental of products directly to consumers.

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