PSSS (Puissant Industries) LT-Debt-to-Total-Asset: 0.05 (As of Dec. 2013)


What is Puissant Industries LT-Debt-to-Total-Asset?

Puissant Industries PSSS -99.50% LT-Debt-to-Total-Asset is 0.05 as of Dec. 2013.

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. Puissant Industries's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.05.

Puissant Industries's long-term debt to total assets ratio declined from Dec. 2011 (0.10) to Dec. 2013 (0.05). It may suggest that Puissant Industries is progressively becoming less dependent on debt to grow their business.

Puissant Industries  (OTCPK:PSSS) 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.

Puissant Industries LT-Debt-to-Total-Asset Related Terms

Puissant Industries LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Puissant Industries'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.

Puissant Industries LT-Debt-to-Total-Asset Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset
2.08 0.10 0.06 0.05

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset 2.08 0.10 0.06 0.05

Puissant Industries LT-Debt-to-Total-Asset Calculation

Puissant Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=0.037/0.778
=0.05

Puissant Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )/Total Assets (Q: Dec. 2013 )
=0.037/0.778
=0.05

* 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 0.05 mean?
Puissant Industries (PSSS) has a LT-Debt-to-Total-Asset of 0.05 as of Dec. 2013. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Puissant Industries and its competitors.
Is Puissant Industries' LT-Debt-to-Total-Asset too high?
Puissant Industries' current LT-Debt-to-Total-Asset is 0.05.
How does Puissant Industries' LT-Debt-to-Total-Asset compare to MS and GS?
Puissant Industries' LT-Debt-to-Total-Asset of 0.05 can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good LT-Debt-to-Total-Asset depends on the Capital Markets 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 Puissant Industries and its competitors. Puissant Industries's current LT-Debt-to-Total-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puissant Industries stock overvalued right now?
Puissant Industries (PSSS) has a current LT-Debt-to-Total-Asset of 0.05. The current LT-Debt-to-Total-Asset is 0.05. 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 Puissant Industries (PSSS), the current LT-Debt-to-Total-Asset is 0.05 as of Dec. 2013. 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.

Puissant Industries Business Description

Address 480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Puissant Industries Inc is engaged in the business of Cryptocurrency Mining.