UMAX (Umax Group) LT-Debt-to-Total-Asset: 4.43 (As of Apr. 2018)


What is Umax Group LT-Debt-to-Total-Asset?

Umax Group UMAX -99.50% LT-Debt-to-Total-Asset is 4.43 as of Apr. 2018.

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. Umax Group's long-term debt to total assests ratio for the quarter that ended in Apr. 2018 was 4.43.

Umax Group's long-term debt to total assets ratio increased from Apr. 2013 (0.00) to Apr. 2018 (4.43). It may suggest that Umax Group is progressively becoming more dependent on debt to grow their business.

Umax Group  (OTCPK:UMAX) 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.

Umax Group LT-Debt-to-Total-Asset Related Terms

Umax Group LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Umax Group'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.

Umax Group LT-Debt-to-Total-Asset Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
LT-Debt-to-Total-Asset
0.00 0.00 0.27 4.43

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
LT-Debt-to-Total-Asset 0.00 0.00 0.27 4.43

Umax Group LT-Debt-to-Total-Asset Calculation

Umax Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2018 is calculated as

LT Debt to Total Assets (A: Apr. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2018 )/Total Assets (A: Apr. 2018 )
=0.093/0.021
=4.43

Umax Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2018 is calculated as

LT Debt to Total Assets (Q: Apr. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2018 )/Total Assets (Q: Apr. 2018 )
=0.093/0.021
=4.43

* 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 4.43 mean?
Umax Group (UMAX) has a LT-Debt-to-Total-Asset of 4.43 as of Apr. 2018. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Umax Group and its competitors.
Is Umax Group's LT-Debt-to-Total-Asset too high?
Umax Group's current LT-Debt-to-Total-Asset is 4.43.
How does Umax Group's LT-Debt-to-Total-Asset compare to CSSEQ and NFLX?
Umax Group's LT-Debt-to-Total-Asset of 4.43 can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good LT-Debt-to-Total-Asset depends on the Media - Diversified 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 Umax Group and its competitors. Umax Group's current LT-Debt-to-Total-Asset is 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umax Group stock overvalued right now?
Umax Group (UMAX) has a current LT-Debt-to-Total-Asset of 4.43. The current LT-Debt-to-Total-Asset is 4.43. 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 Umax Group (UMAX), the current LT-Debt-to-Total-Asset is 4.43 as of Apr. 2018. 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.

Umax Group Business Description

Address 2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.