Humatech (Humatech) LT-Debt-to-Total-Asset : 0.98 (As of Jul. 2006)

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What is Humatech 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. Humatech's long-term debt to total assests ratio for the quarter that ended in Jul. 2006 was 0.98.

Humatech's long-term debt to total assets ratio increased from Jul. 2005 (0.00) to Jul. 2006 (0.98). It may suggest that Humatech is progressively becoming more dependent on debt to grow their business.

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

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

Humatech Annual Data

Trend

Apr99

Apr00

Apr01

Apr02

Apr03

Apr04

Apr05

Apr06

LT-Debt-to-Total-Asset

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0.62

0.43

2.29

1.08

Humatech Quarterly Data
	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	1.33	1.05	1.08	0.98

Humatech LT-Debt-to-Total-Asset Calculation

Humatech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2006 is calculated as

LT Debt to Total Assets (A: Apr. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2006 )	/	Total Assets (A: Apr. 2006 )
	=	0.382	/	0.355
	=	1.08

Humatech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2006 is calculated as

LT Debt to Total Assets (Q: Jul. 2006 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2006 )	/	Total Assets (Q: Jul. 2006 )
	=	0.406	/	0.413
	=	0.98

Humatech (OTCPK:HUMT) 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.

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

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Humatech (Humatech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Humatech Inc (OTCPK:HUMT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

19416 Park Row, Suite 170, Houston, TX, USA, 77084

Website

http://www.humatech.com

Humatech Inc manufactures and distributes mineral-based animal feed supplements to the animal feeding industry. The company also manufactures and distributes organic-based fertilizer products to two primary groups: commercial growers of agricultural crops, and mass merchandisers and independent nurseries in the retail lawn and garden market.

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