Victor Mining Industry Group (Victor Mining Industry Group) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2006)

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What is Victor Mining Industry Group 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. Victor Mining Industry Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2006 was 0.06.

Victor Mining Industry Group's long-term debt to total assets ratio increased from Sep. 2005 (0.04) to Sep. 2006 (0.06). It may suggest that Victor Mining Industry Group is progressively becoming more dependent on debt to grow their business.

Victor Mining Industry Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Victor Mining Industry 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.

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Victor Mining Industry Group LT-Debt-to-Total-Asset Chart

Victor Mining Industry Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

LT-Debt-to-Total-Asset

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0.09

0.05

0.02

Victor Mining Industry Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.02	0.05	0.06	0.06

Victor Mining Industry Group LT-Debt-to-Total-Asset Calculation

Victor Mining Industry Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2005 is calculated as

LT Debt to Total Assets (A: Dec. 2005 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2005 )	/	Total Assets (A: Dec. 2005 )
	=	0.025	/	1.09
	=	0.02

Victor Mining Industry Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2006 is calculated as

LT Debt to Total Assets (Q: Sep. 2006 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2006 )	/	Total Assets (Q: Sep. 2006 )
	=	0.038	/	0.676
	=	0.06

Victor Mining Industry Group (OTCPK:VMTG) 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.

Victor Mining Industry Group LT-Debt-to-Total-Asset Related Terms

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Victor Mining Industry Group (Victor Mining Industry Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Victor Mining Industry Group Inc (OTCPK:VMTG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS

Website

http://http://www.victorminingindustrygroup.com

Victor Mining Industry Group Inc is a shell company.

Executives

Hanlin Chen

director

Victor Mining Industry Group (Victor Mining Industry Group) Headlines

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