Day TradeXchange (Day TradeXchange) LT-Debt-to-Total-Asset : 0.68 (As of Mar. 2008)

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What is Day TradeXchange 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. Day TradeXchange's long-term debt to total assests ratio for the quarter that ended in Mar. 2008 was 0.68.

Day TradeXchange's long-term debt to total assets ratio declined from Mar. 2007 (1.63) to Mar. 2008 (0.68). It may suggest that Day TradeXchange is progressively becoming less dependent on debt to grow their business.

Day TradeXchange LT-Debt-to-Total-Asset Historical Data

The historical data trend for Day TradeXchange'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.

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Day TradeXchange LT-Debt-to-Total-Asset Chart

Day TradeXchange Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

0.51

1.02

1.69

Day TradeXchange Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													1.63	2.68	3.81	1.69	0.68

Day TradeXchange LT-Debt-to-Total-Asset Calculation

Day TradeXchange'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 )
	=	0.582	/	0.344
	=

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

LT Debt to Total Assets (Q: Mar. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2008 )	/	Total Assets (Q: Mar. 2008 )
	=	0.148	/	0.219
	=	0.68

Day TradeXchange (OTCPK:SYNJ) 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.

Day TradeXchange LT-Debt-to-Total-Asset Related Terms

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