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Alabama Aircraft Industries (Alabama Aircraft Industries) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2008)


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What is Alabama Aircraft Industries 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. Alabama Aircraft Industries's long-term debt to total assests ratio for the quarter that ended in Dec. 2008 was 0.14.

Alabama Aircraft Industries's long-term debt to total assets ratio increased from Dec. 2007 (0.11) to Dec. 2008 (0.14). It may suggest that Alabama Aircraft Industries is progressively becoming more dependent on debt to grow their business.

Alabama Aircraft Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alabama Aircraft Industries'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.

* Premium members only.

Alabama Aircraft Industries LT-Debt-to-Total-Asset Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.02 0.02 0.11 0.14

Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 - - - 0.14

Alabama Aircraft Industries LT-Debt-to-Total-Asset Calculation

Alabama Aircraft Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (A: Dec. 2008 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2008 )/Total Assets (A: Dec. 2008 )
=5/36.079
=0.14

Alabama Aircraft Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (Q: Dec. 2008 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2008 )/Total Assets (Q: Dec. 2008 )
=5/36.079
=0.14

* 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.

Alabama Aircraft Industries  (OTCPK:AAIIQ) 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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Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Alabama Aircraft Industries Inc (OTCPK:AAIIQ) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
BOM:509563 NEIK MDEX SGX:5RC MKRS OCSE:ROV SGX:BEZ BOM:517494 ASDN BOM:537669 XSAT:AERW B OSL:HYARD BOM:504176 TSXV:BPLI PSSR UAVS BOM:522229 BSE:SNO XCNQ:SNA ASTC
Traded in Other Exchanges
N/A
Address
1943 North 50th Street, Birmingham, AL, USA, 35212
Website
http://www.pemcoair.com
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.
Executives
Hugh Steven Wilson director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc 10 percent owner 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel other: See Footnote (1) 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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