Simclar (Simclar) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2008)

View and export this data going back to 1995. Start your Free Trial

What is Simclar 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. Simclar's long-term debt to total assests ratio for the quarter that ended in Sep. 2008 was 0.12.

Simclar's long-term debt to total assets ratio declined from Sep. 2007 (0.16) to Sep. 2008 (0.12). It may suggest that Simclar is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Simclar'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.

Simclar LT-Debt-to-Total-Asset Chart

Simclar Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.13

0.08

0.26

0.15

Simclar Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.15	0.13	0.13	0.12

Simclar LT-Debt-to-Total-Asset Calculation

Simclar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	9.6	/	66.246
	=	0.14

Simclar's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

LT Debt to Total Assets (Q: Sep. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2008 )	/	Total Assets (Q: Sep. 2008 )
	=	6.95	/	55.899
	=	0.12

Simclar (OTCPK:SIMC) 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.

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

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

Simclar (Simclar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Simclar Inc (OTCPK:SIMC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2230 West 77th Street, Hialeah, FL, USA, 33016

Website

http://www.simclar.com

Simclar Inc is a contract manufacturer of electronic and electro mechanical products, providing electronics manufacturing services to original equipment manufacturers.

Simclar (Simclar) Headlines

No Headlines