RNBI (Rainbow International) LT-Debt-to-Total-Asset: 0.00 (As of Feb. 2014)


What is Rainbow International LT-Debt-to-Total-Asset?

Rainbow International RNBI LT-Debt-to-Total-Asset is 0.00 as of Feb. 2014.

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. Rainbow International's long-term debt to total assests ratio for the quarter that ended in Feb. 2014 was 0.00.

Rainbow International's long-term debt to total assets ratio stayed the same from Feb. 2013 (0.00) to Feb. 2014 (0.00).

Rainbow International  (OTCPK:RNBI) 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.

Rainbow International LT-Debt-to-Total-Asset Related Terms

Rainbow International LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Rainbow International'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.

Rainbow International LT-Debt-to-Total-Asset Chart

Rainbow International Annual Data
Trend May11 May12 May13
LT-Debt-to-Total-Asset
0.00 0.00 0.00

Rainbow International Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rainbow International LT-Debt-to-Total-Asset Calculation

Rainbow International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2013 is calculated as

LT Debt to Total Assets (A: May. 2013 )=Long-Term Debt & Capital Lease Obligation (A: May. 2013 )/Total Assets (A: May. 2013 )
=0/0.033
=

Rainbow International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2014 is calculated as

LT Debt to Total Assets (Q: Feb. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2014 )/Total Assets (Q: Feb. 2014 )
=0/0.03
=

* 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 0.00 mean?
Rainbow International (RNBI) has a LT-Debt-to-Total-Asset of 0.00 as of Feb. 2014. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Rainbow International and its competitors.
Is Rainbow International's LT-Debt-to-Total-Asset too high?
Rainbow International's current LT-Debt-to-Total-Asset is 0.00.
How does Rainbow International's LT-Debt-to-Total-Asset compare to competitors?
Rainbow International's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good LT-Debt-to-Total-Asset depends on the Drug Manufacturers 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 Rainbow International and its competitors. Rainbow International's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow International stock overvalued right now?
Rainbow International (RNBI) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Rainbow International (RNBI), the current LT-Debt-to-Total-Asset is 0.00 as of Feb. 2014. 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.

Rainbow International Business Description

Comparable Companies IST:GENTSIST:PRKME
Address 17422 East Progress Drive, Suite 107, Centennial, CO, USA
Rainbow International Corp is a United States based company engaged in the commercial production of hemp, by growing hemp in greenhouses and on acreage, then formulate, package and distribute its own line of hemp-based products.