RONN (RONN) LT-Debt-to-Total-Asset : 0.28 (As of Jun. 2005)

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

What is RONN 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. RONN's long-term debt to total assests ratio for the quarter that ended in Jun. 2005 was 0.28.

RONN's long-term debt to total assets ratio declined from Jun. 2004 (0.47) to Jun. 2005 (0.28). It may suggest that RONN is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for RONN'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.

RONN LT-Debt-to-Total-Asset Chart

RONN Annual Data

Trend

Sep94

Sep95

Sep96

Sep97

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.49

0.47

0.54

0.57

0.50

RONN Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.69	0.10	0.27	0.28

RONN LT-Debt-to-Total-Asset Calculation

RONN's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2003 is calculated as

LT Debt to Total Assets (A: Sep. 2003 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2003 )	/	Total Assets (A: Sep. 2003 )
	=	3.012	/	6.06
	=	0.50

RONN's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2005 is calculated as

LT Debt to Total Assets (Q: Jun. 2005 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2005 )	/	Total Assets (Q: Jun. 2005 )
	=	1.533	/	5.426
	=	0.28

RONN (OTCPK:RONN) 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.

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

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

RONN (RONN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RONN Inc (OTCPK:RONN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 N Water Street, Mobile, AL, USA, 36602

Website

https://www.lphmcorp.com

RONN Inc Formerly Lee Pharmaceuticals Inc is a developer of health and fitness related mobile applications to be used on PC and mobile devices. These applications will be offered through the Google Play Store and the Apple App Store. It is developing its mobile applications on behalf of a health care provider, health plan, or any HIPAA covered entities. The firm's Green Living Lifestyle Nutrition App encourage health and wellness through green options and alternative health strategies.