CeCors (CeCors) LT-Debt-to-Total-Asset : 0.33 (As of Sep. 2008)

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What is CeCors 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. CeCors's long-term debt to total assests ratio for the quarter that ended in Sep. 2008 was 0.33.

CeCors's long-term debt to total assets ratio increased from Sep. 2007 (0.05) to Sep. 2008 (0.33). It may suggest that CeCors is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for CeCors'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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CeCors LT-Debt-to-Total-Asset Chart

CeCors Annual Data

Trend

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

0.02

0.48

CeCors Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.05	0.48	0.70	0.09	0.33

CeCors LT-Debt-to-Total-Asset Calculation

CeCors's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	1.073	/	2.258
	=

CeCors's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

LT Debt to Total Assets (Q: Sep. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2008 )	/	Total Assets (Q: Sep. 2008 )
	=	0.065	/	0.197
	=

CeCors (OTCPK:CEOS) 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.

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

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CeCors (CeCors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CeCors Inc (OTCPK:CEOS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Norseman Street, Suite 100, Etobicoke, ON, CAN, M8Z 2R4

Website

https://www.psykeyworld.com

CeCors Inc is engaged in the acquisition and development of healthcare companies for healthcare supplies and healthcare equipment. The company is engaged in the development of new healthcare technologies and will continue to develop additional markets through healthcare IT and other related entities.