Ace & Partners (XKRX:032930) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2011)

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What is Ace & Partners 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. Ace & Partners's long-term debt to total assests ratio for the quarter that ended in Sep. 2011 was 0.00.

Ace & Partners's long-term debt to total assets ratio declined from Sep. 2010 (0.06) to Sep. 2011 (0.00). It may suggest that Ace & Partners is progressively becoming less dependent on debt to grow their business.

Ace & Partners LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ace & Partners'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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Ace & Partners LT-Debt-to-Total-Asset Chart

Ace & Partners Annual Data

Trend

Dec07

Dec08

Dec09

LT-Debt-to-Total-Asset

0.14

0.16

0.21

Ace & Partners Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.06	0.01	-	-	-

Ace & Partners LT-Debt-to-Total-Asset Calculation

Ace & Partners's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2009 is calculated as

LT Debt to Total Assets (A: Dec. 2009 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2009 )	/	Total Assets (A: Dec. 2009 )
	=	30123.414	/	143859.868
	=	0.21

Ace & Partners's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (Q: Sep. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2011 )	/	Total Assets (Q: Sep. 2011 )
	=	0	/	88751.644
	=	0.00

Ace & Partners (XKRX:032930) 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.

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Ace & Partners (XKRX:032930) Business Description

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Ace & Partners Corp operates in the Radio & TV communications equipment sector.

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