US Helicopter (US Helicopter) LT-Debt-to-Total-Asset : 1.50 (As of Dec. 2007)

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What is US Helicopter 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. US Helicopter's long-term debt to total assests ratio for the quarter that ended in Dec. 2007 was 1.50.

US Helicopter's long-term debt to total assets ratio increased from Dec. 2005 (0.00) to Dec. 2007 (1.50). It may suggest that US Helicopter is progressively becoming more dependent on debt to grow their business.

US Helicopter LT-Debt-to-Total-Asset Historical Data

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

US Helicopter Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

0.88

0.81

1.50

US Helicopter Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07
LT-Debt-to-Total-Asset	0.88	-	0.81	1.50

US Helicopter LT-Debt-to-Total-Asset Calculation

US Helicopter's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	4.981	/	3.318
	=	1.50

US Helicopter's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (Q: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2007 )	/	Total Assets (Q: Dec. 2007 )
	=	4.981	/	3.318
	=	1.50

US Helicopter (OTCPK:USHP) 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.

US Helicopter LT-Debt-to-Total-Asset Related Terms

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US Helicopter (US Helicopter) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » US Helicopter Corp (OTCPK:USHP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.flyush.com

The Company provides regularly scheduled helicopter shuttle service between many of the nation's metropolitan airports and surrounding city-based heliports.

Executives

Dean C Borgman	director
Stephen T Wills	director	PALATIN TECHNOLOGIES, INC., 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512

US Helicopter (US Helicopter) Headlines

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