GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Signature Eyewear Inc (OTCPK:SEYE) » Definitions » LT-Debt-to-Total-Asset

Signature Eyewear (Signature Eyewear) LT-Debt-to-Total-Asset : 0.38 (As of Apr. 2011)


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

What is Signature Eyewear 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. Signature Eyewear's long-term debt to total assests ratio for the quarter that ended in Apr. 2011 was 0.38.

Signature Eyewear's long-term debt to total assets ratio increased from Apr. 2010 (0.31) to Apr. 2011 (0.38). It may suggest that Signature Eyewear is progressively becoming more dependent on debt to grow their business.


Signature Eyewear LT-Debt-to-Total-Asset Historical Data

The historical data trend for Signature Eyewear'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.

Signature Eyewear LT-Debt-to-Total-Asset Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.40 0.36 0.35 0.35

Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.27 0.35 0.36 0.38

Signature Eyewear LT-Debt-to-Total-Asset Calculation

Signature Eyewear's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2010 is calculated as

LT Debt to Total Assets (A: Oct. 2010 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2010 )/Total Assets (A: Oct. 2010 )
=3.72/10.698
=0.35

Signature Eyewear's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2011 is calculated as

LT Debt to Total Assets (Q: Apr. 2011 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2011 )/Total Assets (Q: Apr. 2011 )
=3.931/10.338
=0.38

* 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.


Signature Eyewear  (OTCPK:SEYE) 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.


Signature Eyewear LT-Debt-to-Total-Asset Related Terms

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


Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

Signature Eyewear (Signature Eyewear) Headlines

No Headlines