TFSCY (Quintis) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2017)

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What is Quintis 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. Quintis's long-term debt to total assests ratio for the quarter that ended in Jun. 2017 was 0.12.

Quintis's long-term debt to total assets ratio declined from Jun. 2016 (0.18) to Jun. 2017 (0.12). It may suggest that Quintis is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Quintis'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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Quintis LT-Debt-to-Total-Asset Chart

Quintis Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

LT-Debt-to-Total-Asset

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0.27

0.19

0.20

0.18

0.12

Quintis Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.33	0.18	0.21	0.12

Quintis LT-Debt-to-Total-Asset Calculation

Quintis's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2017 is calculated as

LT Debt to Total Assets (A: Jun. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2017 )	/	Total Assets (A: Jun. 2017 )
	=	81.731	/	660.66
	=	0.12

Quintis'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 )
	=	81.731	/	660.66
	=	0.12

Quintis (GREY:TFSCY) 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.

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

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Quintis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Quintis Ltd (GREY:TFSCY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

171-173 Mounts Bay Road, Level 2, Perth, WA, AUS, 6000

Website

https://www.quintis.com.au

Quintis Ltd engages in the cultivation of Indian sandalwood and production of sandalwood oil. It operates in four segments. The Plantation Management segment which dominates firm's revenue is responsible for the promotion and sales of Indian sandalwood lots; establishment, maintenance, and harvesting of Indian Sandalwood plantations on behalf of the growers and group owned plantations; and end-market research and establishment of end-market agreements. The Finance segment provides financial assistance to growers to purchase sandalwood lots. The Sandalwood Products segment manufactures sandalwood oil and products for resale. The Pharmaceutical segment focuses in the research and development of pharmaceutical and biopharmaceutical products for commercializing.

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