Medical Device Works (XPAR:ALMDW) LT-Debt-to-Total-Asset : 1.22 (As of Dec. 2012)

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What is Medical Device Works 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. Medical Device Works's long-term debt to total assests ratio for the quarter that ended in Dec. 2012 was 1.22.

Medical Device Works's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2012 (1.22). It may suggest that Medical Device Works is progressively becoming more dependent on debt to grow their business.

Medical Device Works LT-Debt-to-Total-Asset Historical Data

The historical data trend for Medical Device Works'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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Medical Device Works LT-Debt-to-Total-Asset Chart

Medical Device Works Annual Data

Trend

Dec11

Dec12

LT-Debt-to-Total-Asset

0.55

1.22

Medical Device Works Semi-Annual Data
	Dec11	Dec12
LT-Debt-to-Total-Asset	0.55	1.22

Medical Device Works LT-Debt-to-Total-Asset Calculation

Medical Device Works's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (A: Dec. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2012 )	/	Total Assets (A: Dec. 2012 )
	=	1.995	/	1.63
	=	1.22

Medical Device Works's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (Q: Dec. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2012 )	/	Total Assets (Q: Dec. 2012 )
	=	1.995	/	1.63
	=	1.22

Medical Device Works (XPAR:ALMDW) 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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Medical Device Works (XPAR:ALMDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medical Device Works SA (XPAR:ALMDW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.medicaldeviceworks.com

Medical Device Works SA is engaged in developing kits of minimally-invasive surgical devices for temporarily isolating damaged organs from blood flow.

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