SPNC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SPNC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. The Spectranetics's long-term debt to total assests ratio for the quarter that ended in Jun. 2017 was 0.72.
The Spectranetics's long-term debt to total assets ratio increased from Jun. 2016 (0.65) to Jun. 2017 (0.72). It may suggest that The Spectranetics is progressively becoming more dependent on debt to grow their business.
The historical data trend for The Spectranetics'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.
The Spectranetics Annual Data | |||||||||||||||||||||
Trend | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | |||||||||||
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial | - | - | 0.49 | 0.61 | 0.66 |
The Spectranetics Quarterly Data | ||||||||||||||||||||
Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | |
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial | 0.65 | 0.66 | 0.66 | 0.69 | 0.72 |
The Spectranetics's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as
LT Debt to Total Assets (A: Dec. 2016 ) | = | Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 ) | / | Total Assets (A: Dec. 2016 ) |
= | 284.759 | / | 430.078 | |
= | 0.66 |
The Spectranetics's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2017 is calculated as
LT Debt to Total Assets (Q: Jun. 2017 ) | = | Long-Term Debt & Capital Lease Obligation (Q: Jun. 2017 ) | / | Total Assets (Q: Jun. 2017 ) |
= | 313.628 | / | 433.353 | |
= | 0.72 |
* 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.
The Spectranetics (NAS:SPNC) 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.
Thank you for viewing the detailed overview of The Spectranetics's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Todd C Schermerhorn | director | C/O C.R BARD INC, 730 CENTRAL AVE, MURRAY HILL NJ 07974 |
R John Fletcher | director | C/O VYANT BIO, INC., 201 ROUTE 17 NORTH, 2ND FLOOR, RUTHERFORD NJ 07070 |
William C Jennings | director | 108 CHERRY HILL DRIVE, BEVERLY MA 01915-1053 |
B Kristine Johnson | director | 366 FERNDALE RD S, WAYZATA MN 55391 |
Scott William Drake | director, officer: President, CEO | 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921 |
Maria Sainz | director | C/O ORTHOFIX INTERNATIONAL N. V., 3451 PLANO PARKWAY, LEWISVILLE TX 75056 |
Shahriar Matin | officer: Chief Operating Officer | 96 TALAMINE COURT, COLORADO SPRINGS CO 80907 |
Stacy Powell Mcmahan | officer: CFO | 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066 |
Anne Melissa Dowling | director | 9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921 |
Jonathan Will Mcguire | officer: COO | 96 TALAMINE COURT, COLORADO SPRINGS CO 80907 |
Stephen D Okland | officer: Vice President of Sales | 96 TALAMINE COURT, COLORADO SPRINGS CO 80907 |
Martin T Hart | director | 2401 EAST 2ND AVE., SUITE 250, DENVER CO 80206 |
From GuruFocus
By gurufocus 10qk • 11-06-2009
By gurufocus • 09-09-2008
By Holly LaFon • 08-19-2015
By gurufocus 10qk • 11-08-2010
By gurufocus • 08-10-2009
By Holly LaFon • 02-26-2014
By gurufocus • 05-12-2009
By David Goodloe David Goodloe • 10-22-2015
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.