What is your current Debt to Asset ratio?

[GWestphal]

I'm at about 75:1 at the moment and about ready to leave academia and hopefully get that down to 30:1 within a year, and 0:1 in 2-3 years.

 

[olds]

Zero

 

[MotF Bane]

About 9:1, not done yet. By the time I finish, it'll be more towards 65:1 (more the loss of assets than growth of debt).

 

[jlee]

0, but I don't own a house, so it'll change eventually.

 

[Printer Bandit]

42:1

 

[PimpJuice]

1:2

 

[Drako]

0 : (asset value)

 

[rasczak]

a lot : too little

 

[EMPshockwave82]

I have enough money to pay off everything I have borrowed against (at 0% interest). I do not currently have my own house, I rent.

 

[Schadenfroh]

Zero debt, but as a graduate student, I do not have much in the way of assets.

 

[TheVrolok]

235ish/23ish so 10/1 ish. Only reason I have any assets is because I own my car which I could probably get 10-13 for if I sold it.

 

[BurnItDwn]

My house is worth about the same amount that I owe on it.
My car is worth more than I owe (08 forester with about 7K left to pay off)

My retirement funi is about 1/4 as much as my house.
I owe like 3K on credit card, mainly due to my dumb ass buying stuff and working on my house rather than waiting until I have money already in the bank.

PS .. EMPshockwave82, How are you liking Streamwood?
I lived there from 2004-2007, Bought one of the townhouses over back behind the Aldi's, not a very good neighborhood... I got the hell outta there when I had the chance .... hehehe

If you count my car and my house as liabillities since I need them for my lifestyle, and they are not "investments" and they aren't making money for me .... then I'm something around a 3:1 ratio.

If you count my house and car as "assets" (as in, if I were to die, and then all my property sold off, and then all my debt repaid .... then it's more or less 4:3)

 

[TridenT]

0:infinity

 

[thraashman]

My only debt is my mortgage which puts my ratio at about 7:1

Then again this is only counting my full liquid assets and not the paid value on the home, the car I own with no debt, my 401k assets, or my IRA assets.

 

[Farmer]

0. I'm hoping to never have to pay more than a few thousand a year for school. May change if I decide to go for JD.

 

[freegeeks]

0 but I'm renting and looking to buy a house

 

[schneiderguy]

No debt... hardly any assets though

 

[EMPshockwave82]

PS .. EMPshockwave82, How are you liking Streamwood?
I lived there from 2004-2007, Bought one of the townhouses over back behind the Aldi's, not a very good neighborhood... I got the hell outta there when I had the chance .... hehehe

I like it a lot actually. I live in a newer area of Streamwood. There is a sketchy area. This is not one of them. I can walk to a golf course and about 7 restaurants

 

[nageov3t]

no debt; the only significant asset I have is a 9 year-old car.

 

[Doppel]

Doesnt' really seem a meaningful number because if I sold my house tomorrow it would be 0:infinity.

 

[Ryland]

0.61 because I bought my house when the market was last down.

 

[RockinZ28]

Renting with no debt. My assets in possessions are steadily decreasing in value as its all electronics and a car. Bank account is growing though.

 

[Dirigible]

Roughly 1:2

All debt is mortgage. Lion's share of assets is real estate.

 

[BurnItDwn]

I like it a lot actually. I live in a newer area of Streamwood. There is a sketchy area. This is not one of them. I can walk to a golf course and about 7 restaurants

Awesome, You ever go to Thai Thanee over off of Schaumburg Road? That place is awesome. Probably what I miss most about Streamwood. The town I'm in now dosen't have any Thai place let alone a good one....

 

[Oil]

Zero debt