Bit-isle (TSE:3811) LT-Debt-to-Total-Asset : 0.36 (As of Jul. 2015)

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What is Bit-isle 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. Bit-isle's long-term debt to total assests ratio for the quarter that ended in Jul. 2015 was 0.36.

Bit-isle's long-term debt to total assets ratio declined from Jul. 2014 (0.40) to Jul. 2015 (0.36). It may suggest that Bit-isle is progressively becoming less dependent on debt to grow their business.

Bit-isle LT-Debt-to-Total-Asset Historical Data

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

Bit-isle Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

LT-Debt-to-Total-Asset

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0.39

0.42

0.38

0.40

0.36

Bit-isle Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.37	0.37	0.35	0.36

Bit-isle LT-Debt-to-Total-Asset Calculation

Bit-isle's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2015 is calculated as

LT Debt to Total Assets (A: Jul. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2015 )	/	Total Assets (A: Jul. 2015 )
	=	15141	/	41973
	=	0.36

Bit-isle's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2015 is calculated as

LT Debt to Total Assets (Q: Jul. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2015 )	/	Total Assets (Q: Jul. 2015 )
	=	15141	/	41973
	=	0.36

Bit-isle (TSE:3811) 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.

Bit-isle LT-Debt-to-Total-Asset Related Terms

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Bit-isle (TSE:3811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bit-isle Inc (TSE:3811) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bit-isle.co.jp

Bit-isle Inc is engaged in the data center business, eveloping a comprehensive business IT outsourcing services to the axis 3 iDC services, managed services and solutions services.

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