Panache Beverage (Panache Beverage) LT-Debt-to-Total-Asset : 1.91 (As of Jun. 2014)

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What is Panache Beverage 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. Panache Beverage's long-term debt to total assests ratio for the quarter that ended in Jun. 2014 was 1.91.

Panache Beverage's long-term debt to total assets ratio increased from Jun. 2013 (1.18) to Jun. 2014 (1.91). It may suggest that Panache Beverage is progressively becoming more dependent on debt to grow their business.

Panache Beverage LT-Debt-to-Total-Asset Historical Data

The historical data trend for Panache Beverage'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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Panache Beverage LT-Debt-to-Total-Asset Chart

Panache Beverage Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

LT-Debt-to-Total-Asset

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0.02

0.11

0.25

0.72

1.56

Panache Beverage Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.18	1.19	1.56	1.85	1.91

Panache Beverage LT-Debt-to-Total-Asset Calculation

Panache Beverage's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )	/	Total Assets (A: Dec. 2013 )
	=	11.211	/	7.18
	=	1.56

Panache Beverage's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (Q: Jun. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2014 )	/	Total Assets (Q: Jun. 2014 )
	=	10.958	/	5.735
	=	1.91

Panache Beverage (GREY:WDKA) 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.

Panache Beverage LT-Debt-to-Total-Asset Related Terms

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Panache Beverage (Panache Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Panache Beverage Inc (GREY:WDKA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, 150 Fifth Avenue, New York, NY, USA, 10010

Website

http://www.panachespirits.com

Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in manufacturing of vodka.

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