Photoelectron (Photoelectron) LT-Debt-to-Total-Asset : 3.58 (As of Sep. 2002)

View and export this data going back to 1997. Start your Free Trial

What is Photoelectron 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. Photoelectron's long-term debt to total assests ratio for the quarter that ended in Sep. 2002 was 3.58.

Photoelectron's long-term debt to total assets ratio increased from Sep. 2001 (1.59) to Sep. 2002 (3.58). It may suggest that Photoelectron is progressively becoming more dependent on debt to grow their business.

Photoelectron LT-Debt-to-Total-Asset Historical Data

The historical data trend for Photoelectron'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.

* Premium members only.

Photoelectron LT-Debt-to-Total-Asset Chart

Photoelectron Annual Data

Trend

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

1.27

1.63

Photoelectron Quarterly Data
	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.59	1.63	2.05	2.59	3.58

Photoelectron LT-Debt-to-Total-Asset Calculation

Photoelectron's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2001 is calculated as

LT Debt to Total Assets (A: Dec. 2001 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2001 )	/	Total Assets (A: Dec. 2001 )
	=	15.024	/	9.203
	=	1.63

Photoelectron's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2002 is calculated as

LT Debt to Total Assets (Q: Sep. 2002 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2002 )	/	Total Assets (Q: Sep. 2002 )
	=	15.593	/	4.362
	=	3.57

Photoelectron (OTCPK:PECN) 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.

Photoelectron LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Photoelectron's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Photoelectron (Photoelectron) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Photoelectron Corp (OTCPK:PECN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Executive Park Drive, North Billerica, Billerica, MA, USA, 01862

Website

Photoelectron Corp is engaged in the design, development & commercialization of the Photon Radiosurgery System, a proprietary, therapeutic device for the treatment of cancerous tumors through the application of x-ray radiation directly to the tumor site. It is manufacturing miniature x-ray systems for a variety of applications in healthcare and non-healthcare related markets.

Photoelectron (Photoelectron) Headlines

No Headlines