Robix Environmental Technologies (XCNQ:RZX) LT-Debt-to-Total-Asset : 0.52 (As of Sep. 2017)

View and export this data going back to 2013. Start your Free Trial

What is Robix Environmental Technologies 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. Robix Environmental Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2017 was 0.52.

Robix Environmental Technologies's long-term debt to total assets ratio increased from Sep. 2016 (0.00) to Sep. 2017 (0.52). It may suggest that Robix Environmental Technologies is progressively becoming more dependent on debt to grow their business.

Robix Environmental Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Robix Environmental Technologies'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.

* Premium members only.

Robix Environmental Technologies LT-Debt-to-Total-Asset Chart

Robix Environmental Technologies Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.70

Robix Environmental Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.48	0.49	0.52

Robix Environmental Technologies LT-Debt-to-Total-Asset Calculation

Robix Environmental Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	0	/	2.284
	=	0.00

Robix Environmental Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

LT Debt to Total Assets (Q: Sep. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2017 )	/	Total Assets (Q: Sep. 2017 )
	=	1.075	/	2.054
	=

Robix Environmental Technologies (XCNQ:RZX) 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.

Robix Environmental Technologies LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Robix Environmental Technologies's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Robix Environmental Technologies (XCNQ:RZX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Robix Environmental Technologies Inc (XCNQ:RZX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1406 3rd Avenue South, Bay 3, Lethbridge, AB, CAN, T1J 0K6

Website

http://www.robixfuels.com

Robix Environmental Technologies Inc is focused on providing oil recovery equipment and oil and gas wastewater treatment products. The company operates in two segments namely Clean Ocean Vessel and Water Treatment Technology. It generates its revenue from Clean Ocean Vessel.

Robix Environmental Technologies (XCNQ:RZX) Headlines

No Headlines