Zitto (ZTTO) LT-Debt-to-Total-Asset: 0.00 (As of May. 2014)


What is Zitto LT-Debt-to-Total-Asset?

Zitto ZTTO LT-Debt-to-Total-Asset is 0.00 as of May. 2014.

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. Zitto's long-term debt to total assests ratio for the quarter that ended in May. 2014 was 0.00.

Zitto's long-term debt to total assets ratio stayed the same from May. 2013 (0.00) to May. 2014 (0.00).

Zitto  (OTCPK:ZTTO) 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.

Zitto LT-Debt-to-Total-Asset Related Terms

Zitto LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Zitto'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.

Zitto LT-Debt-to-Total-Asset Chart

Zitto Annual Data
Trend Aug10 Aug11 Aug12 Aug13
LT-Debt-to-Total-Asset
0.00 0.00 0.00 0.00

Zitto Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zitto LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Aug. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2013 )/Total Assets (A: Aug. 2013 )
=0/0.015
=

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

LT Debt to Total Assets (Q: May. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: May. 2014 )/Total Assets (Q: May. 2014 )
=0/0.107
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Zitto (ZTTO) has a LT-Debt-to-Total-Asset of 0.00 as of May. 2014. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zitto and its competitors.
Is Zitto's LT-Debt-to-Total-Asset too high?
Zitto's current LT-Debt-to-Total-Asset is 0.00.
How does Zitto's LT-Debt-to-Total-Asset compare to AHAD and BLAIF?
Zitto's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zitto and its competitors. Zitto's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zitto stock overvalued right now?
Zitto (ZTTO) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Zitto (ZTTO), the current LT-Debt-to-Total-Asset is 0.00 as of May. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zitto Business Description

Address 807 E 12th Street, Suite 112, Los Angeles, CA, USA, 90021
Zitto Inc is engaged in the wholesale distribution of women's apparel.