Functional Technologies (TSXV:FEB.H) LT-Debt-to-Total-Asset : 0.22 (As of Aug. 2012)

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What is Functional Technologies 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. Functional Technologies's long-term debt to total assests ratio for the quarter that ended in Aug. 2012 was 0.22.

Functional Technologies's long-term debt to total assets ratio declined from Aug. 2010 (0.26) to Aug. 2012 (0.22). It may suggest that Functional Technologies is progressively becoming less dependent on debt to grow their business.

Functional Technologies LT-Debt-to-Total-Asset Historical Data

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

Functional Technologies Annual Data

Trend

Aug03

Aug04

Aug05

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

LT-Debt-to-Total-Asset

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0.01

0.11

0.26

0.12

0.22

Functional Technologies Semi-Annual Data
	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.01	0.11	0.26	0.12	0.22

Functional Technologies LT-Debt-to-Total-Asset Calculation

Functional Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2012 is calculated as

LT Debt to Total Assets (A: Aug. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2012 )	/	Total Assets (A: Aug. 2012 )
	=	0.588	/	2.733
	=	0.22

Functional Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2012 is calculated as

LT Debt to Total Assets (Q: Aug. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2012 )	/	Total Assets (Q: Aug. 2012 )
	=	0.588	/	2.733
	=	0.22

Functional Technologies (TSXV:FEB.H) 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.

Functional Technologies LT-Debt-to-Total-Asset Related Terms

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Functional Technologies Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Functional Technologies Corp (TSXV:FEB.H) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.firstventuretech.com

Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

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