News Communications (News Communications) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2004)

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What is News Communications 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. News Communications's long-term debt to total assests ratio for the quarter that ended in Dec. 2004 was 0.11.

News Communications's long-term debt to total assets ratio increased from Dec. 2002 (0.01) to Dec. 2004 (0.11). It may suggest that News Communications is progressively becoming more dependent on debt to grow their business.

News Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for News Communications'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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News Communications LT-Debt-to-Total-Asset Chart

News Communications Annual Data

Trend

Nov96

Nov97

Nov98

Nov99

Dec00

Dec01

Dec02

Dec03

Dec04

LT-Debt-to-Total-Asset

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0.01

0.07

0.11

News Communications Semi-Annual Data
	Nov96	Nov97	Nov98	Nov99	Dec00	Dec01	Dec02	Dec03	Dec04
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.01	0.01	0.01	0.07	0.11

News Communications LT-Debt-to-Total-Asset Calculation

News Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2004 is calculated as

LT Debt to Total Assets (A: Dec. 2004 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2004 )	/	Total Assets (A: Dec. 2004 )
	=	0.301	/	2.824
	=	0.11

News Communications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2004 is calculated as

LT Debt to Total Assets (Q: Dec. 2004 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2004 )	/	Total Assets (Q: Dec. 2004 )
	=	0.301	/	2.824
	=	0.11

News Communications (OTCPK:NWCM) 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.

News Communications LT-Debt-to-Total-Asset Related Terms

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News Communications (News Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Communications Inc (OTCPK:NWCM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.

Executives

Ross Wilbur L Jr

director

328 EL VEDADO ROAD, PALM BEACH FL 33480

News Communications (News Communications) Headlines

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