Tirex (TXMC) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2010)


What is Tirex LT-Debt-to-Total-Asset?

Tirex TXMC -99.00% LT-Debt-to-Total-Asset is 0.00 as of Jun. 2010.

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. Tirex's long-term debt to total assests ratio for the quarter that ended in Jun. 2010 was 0.00.

Tirex's long-term debt to total assets ratio stayed the same from Jun. 2008 (0.00) to Jun. 2010 (0.00).

Tirex  (OTCPK:TXMC) 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.

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

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

* Premium members only.

The historical data trend for Tirex'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.

Tirex LT-Debt-to-Total-Asset Chart

Tirex Annual Data
Trend Jun00 Jun01 Jun02 Jun06 Jun07 Jun08 Jun09 Jun10 Jun14
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 11.96 0.00 0.00 0.00 0.00

Tirex Semi-Annual Data
Jun00 Jun01 Jun02 Jun06 Jun07 Jun08 Jun09 Jun10 Jun14
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 11.96 0.00 0.00 0.00 0.00

Tirex LT-Debt-to-Total-Asset Calculation

Tirex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2010 is calculated as

LT Debt to Total Assets (A: Jun. 2010 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2010 )/Total Assets (A: Jun. 2010 )
=0/0
=

Tirex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2010 is calculated as

LT Debt to Total Assets (Q: Jun. 2010 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2010 )/Total Assets (Q: Jun. 2010 )
=0/0
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Tirex (TXMC) has a LT-Debt-to-Total-Asset of 0.00 as of Jun. 2010. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Tirex and its competitors.
Is Tirex's LT-Debt-to-Total-Asset too high?
Tirex's current LT-Debt-to-Total-Asset is 0.00.
How does Tirex's LT-Debt-to-Total-Asset compare to CSHEF and STCC?
Tirex's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Tirex and its competitors. Tirex's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirex stock overvalued right now?
Tirex (TXMC) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Tirex (TXMC), the current LT-Debt-to-Total-Asset is 0.00 as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tirex Business Description

Address 1771 Post Road East, Westport, CT, USA, 06880
Tirex Corp is engaged in the business of developing for sale, licensing or environmentally safe, patented, semi cryogenic turn key tire recycling system.