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Solar Enertech (Solar Enertech) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2011)


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What is Solar Enertech 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. Solar Enertech's long-term debt to total assests ratio for the quarter that ended in Dec. 2011 was 0.09.

Solar Enertech's long-term debt to total assets ratio increased from Dec. 2010 (0.06) to Dec. 2011 (0.09). It may suggest that Solar Enertech is progressively becoming more dependent on debt to grow their business.


Solar Enertech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Solar Enertech'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.

Solar Enertech LT-Debt-to-Total-Asset Chart

Solar Enertech Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - - - 0.05 -

Solar Enertech Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 0.06 - - - 0.09

Solar Enertech LT-Debt-to-Total-Asset Calculation

Solar Enertech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (A: Sep. 2011 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2011 )/Total Assets (A: Sep. 2011 )
=0/21.877
=0.00

Solar Enertech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (Q: Dec. 2011 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2011 )/Total Assets (Q: Dec. 2011 )
=1.507/16.448
=0.09

* 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.


Solar Enertech  (OTCPK:SOEN) 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.


Solar Enertech LT-Debt-to-Total-Asset Related Terms

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Solar Enertech (Solar Enertech) Business Description

Traded in Other Exchanges
N/A
Address
655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041
Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.
Executives
David Anthony director 200 LUDLOW DRIVE, EWING NJ 08638
David Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust 10 percent owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc 10 percent owner 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd 10 percent owner PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000

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