Omni Financial Services (Omni Financial Services) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2007)

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What is Omni Financial Services 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. Omni Financial Services's long-term debt to total assests ratio for the quarter that ended in Sep. 2007 was 0.14.

Omni Financial Services's long-term debt to total assets ratio declined from Sep. 2006 (0.16) to Sep. 2007 (0.14). It may suggest that Omni Financial Services is progressively becoming less dependent on debt to grow their business.

Omni Financial Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Omni Financial Services'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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Omni Financial Services LT-Debt-to-Total-Asset Chart

Omni Financial Services Annual Data

Trend

Dec01

Dec02

Dec04

Dec05

Dec06

LT-Debt-to-Total-Asset

0.18

0.19

0.11

Omni Financial Services Quarterly Data
	Dec01	Dec02	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.16	0.11	0.10	0.11	0.14

Omni Financial Services LT-Debt-to-Total-Asset Calculation

Omni Financial Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )	/	Total Assets (A: Dec. 2006 )
	=	78.12	/	702.764
	=	0.11

Omni Financial Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

LT Debt to Total Assets (Q: Sep. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2007 )	/	Total Assets (Q: Sep. 2007 )
	=	128.12	/	887.028
	=	0.14

Omni Financial Services (OTCPK:OFSI) 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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Omni Financial Services (Omni Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Omni Financial Services Inc (OTCPK:OFSI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

12610 New Brittany Boulevard, Suite 2300, Ft. Myers, FL, USA, 33907

Website

http://www.omnifinserv.com

Omni Financial Services Inc is a financial services firm, helping its clients improve their long-term financial success. It offers financial products and the advice and expertise of financial professionals in the industry. It provides financial solutions to individuals and businesses.

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