7days Music Entertainment AG (XTER:7DM1) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2012)

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

What is 7days Music Entertainment AG 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. 7days Music Entertainment AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2012 was 0.00.

7days Music Entertainment AG's long-term debt to total assets ratio stayed the same from Dec. 2010 (0.00) to Dec. 2012 (0.00).

7days Music Entertainment AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for 7days Music Entertainment AG'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.

7days Music Entertainment AG LT-Debt-to-Total-Asset Chart

7days Music Entertainment AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

LT-Debt-to-Total-Asset

0.05

7days Music Entertainment AG Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12
LT-Debt-to-Total-Asset	0.05	-	-	-

7days Music Entertainment AG LT-Debt-to-Total-Asset Calculation

7days Music Entertainment AG'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 )
	=	0	/	5.626
	=	0.00

7days Music Entertainment AG'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 )
	=	0	/	5.626
	=	0.00

7days Music Entertainment AG (XTER:7DM1) 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.

7days Music Entertainment AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of 7days Music Entertainment AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

7days Music Entertainment AG (XTER:7DM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » 7days Music Entertainment AG (XTER:7DM1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.7daysmusic.de

7days Music Entertainment AG is engaged in music and entertainment industry, which includes marketing and sales of music CD, DVD, advertising, artiste management and mobile ring tones.

7days Music Entertainment AG (XTER:7DM1) Headlines

No Headlines