PrimeCare Systems (PrimeCare Systems) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2011)

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What is PrimeCare Systems 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. PrimeCare Systems's long-term debt to total assests ratio for the quarter that ended in Mar. 2011 was 0.35.

PrimeCare Systems's long-term debt to total assets ratio increased from Mar. 2010 (0.22) to Mar. 2011 (0.35). It may suggest that PrimeCare Systems is progressively becoming more dependent on debt to grow their business.

PrimeCare Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for PrimeCare Systems'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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PrimeCare Systems LT-Debt-to-Total-Asset Chart

PrimeCare Systems Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

LT-Debt-to-Total-Asset

1.83

0.58

0.44

PrimeCare Systems Quarterly Data
	Jun06	Sep06	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															0.22	0.44	0.71	0.64	0.35

PrimeCare Systems LT-Debt-to-Total-Asset Calculation

PrimeCare Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2010 is calculated as

LT Debt to Total Assets (A: Jun. 2010 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2010 )	/	Total Assets (A: Jun. 2010 )
	=	0.176	/	0.403
	=	0.44

PrimeCare Systems'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 )
	=	0.176	/	0.51
	=

PrimeCare Systems (OTCPK:PCYS) 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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PrimeCare Systems (PrimeCare Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PrimeCare Systems Inc (OTCPK:PCYS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606

Website

http://www.pcare.com

PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

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