SCST (Suncast Solar Energy) LT-Debt-to-Total-Asset: 0.47 (As of Dec. 2008)

What is Suncast Solar Energy LT-Debt-to-Total-Asset?

Suncast Solar Energy SCST LT-Debt-to-Total-Asset is 0.47 as of Dec. 2008.

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. Suncast Solar Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2008 was 0.47.

Suncast Solar Energy's long-term debt to total assets ratio increased from Dec. 2007 (0.34) to Dec. 2008 (0.47). It may suggest that Suncast Solar Energy is progressively becoming more dependent on debt to grow their business.

Suncast Solar Energy (OTCPK:SCST) 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.

Suncast Solar Energy LT-Debt-to-Total-Asset Related Terms

Suncast Solar Energy LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy LT-Debt-to-Total-Asset Chart

Suncast Solar Energy Annual Data

Trend

Jun99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

LT-Debt-to-Total-Asset

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0.00

0.20

0.39

0.34

0.47

Suncast Solar Energy Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.25	0.04	0.00	0.47

Suncast Solar Energy LT-Debt-to-Total-Asset Calculation

Suncast Solar Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (A: Dec. 2008 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2008 )	/	Total Assets (A: Dec. 2008 )
	=	0.396	/	0.847
	=	0.47

Suncast Solar Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (Q: Dec. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2008 )	/	Total Assets (Q: Dec. 2008 )
	=	0.396	/	0.847
	=	0.47

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.47 mean?

Suncast Solar Energy (SCST) has a LT-Debt-to-Total-Asset of 0.47 as of Dec. 2008. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Suncast Solar Energy and its competitors.

Is Suncast Solar Energy's LT-Debt-to-Total-Asset too high?

Suncast Solar Energy's current LT-Debt-to-Total-Asset is 0.47.

How does Suncast Solar Energy's LT-Debt-to-Total-Asset compare to ECEZ and CESX?

Suncast Solar Energy's LT-Debt-to-Total-Asset of 0.47 can be compared against companies in the Waste Management 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 Waste Management company?

A good LT-Debt-to-Total-Asset depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current LT-Debt-to-Total-Asset is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Suncast Solar Energy stock overvalued right now?

Suncast Solar Energy (SCST) has a current LT-Debt-to-Total-Asset of 0.47. The current LT-Debt-to-Total-Asset is 0.47. 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 Suncast Solar Energy (SCST), the current LT-Debt-to-Total-Asset is 0.47 as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Industry Industrials Waste Management

Comparable Companies ECEZ CESX ALAN BCCEF NESCQ BSHF GETH NWMH AWX GLYE NTRHF CREG IDSA AERT MRDN ALGXY EXPL CWSS PGTK VTNR

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202

Suncast Solar Energy Inc provides environmental testing and other services within the United States.