Conforce International (Conforce International) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2012)

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What is Conforce International 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. Conforce International's long-term debt to total assests ratio for the quarter that ended in Sep. 2012 was 0.11.

Conforce International's long-term debt to total assets ratio declined from Sep. 2011 (0.22) to Sep. 2012 (0.11). It may suggest that Conforce International is progressively becoming less dependent on debt to grow their business.

Conforce International LT-Debt-to-Total-Asset Historical Data

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

Conforce International Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

LT-Debt-to-Total-Asset

0.57

0.85

0.02

0.10

Conforce International Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.22	0.27	0.10	0.37	0.11

Conforce International LT-Debt-to-Total-Asset Calculation

Conforce International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2012 is calculated as

LT Debt to Total Assets (A: Mar. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2012 )	/	Total Assets (A: Mar. 2012 )
	=	0.479	/	4.944
	=	0.10

Conforce International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

LT Debt to Total Assets (Q: Sep. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2012 )	/	Total Assets (Q: Sep. 2012 )
	=	0.418	/	3.768
	=	0.11

Conforce International (OTCPK:CFRI) 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.

Conforce International LT-Debt-to-Total-Asset Related Terms

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Conforce International (Conforce International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Conforce International Inc (OTCPK:CFRI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

51A Caldari Road, 2nd Floor, Concord, ON, CAN, L4K 4G3

Website

http://www.conforceinternational.com

Conforce International Inc is a United States based company, through its subsidiary, is engaged in the development of polymer-based composite flooring system for the transportation industry trademarked under the name EKO-FLOR. The product offered by the company is designed for container and highway trailer.

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