Top Shelf Brands Holdings (Top Shelf Brands Holdings) LT-Debt-to-Total-Asset : 0.74 (As of Sep. 2011)

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What is Top Shelf Brands Holdings 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. Top Shelf Brands Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2011 was 0.74.

Top Shelf Brands Holdings's long-term debt to total assets ratio declined from Sep. 2010 (0.89) to Sep. 2011 (0.74). It may suggest that Top Shelf Brands Holdings is progressively becoming less dependent on debt to grow their business.

Top Shelf Brands Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Top Shelf Brands Holdings'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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Top Shelf Brands Holdings LT-Debt-to-Total-Asset Chart

Top Shelf Brands Holdings Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

LT-Debt-to-Total-Asset

0.81

0.87

Top Shelf Brands Holdings Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.89	0.87	0.82	0.73	0.74

Top Shelf Brands Holdings LT-Debt-to-Total-Asset Calculation

Top Shelf Brands Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

LT Debt to Total Assets (A: Dec. 2010 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2010 )	/	Total Assets (A: Dec. 2010 )
	=	2.652	/	3.034
	=	0.87

Top Shelf Brands Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

LT Debt to Total Assets (Q: Sep. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2011 )	/	Total Assets (Q: Sep. 2011 )
	=	2.263	/	3.047
	=	0.74

Top Shelf Brands Holdings (OTCPK:DKTS) 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.

Top Shelf Brands Holdings LT-Debt-to-Total-Asset Related Terms

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Top Shelf Brands Holdings (Top Shelf Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Top Shelf Brands Holdings Corp (OTCPK:DKTS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Louisiana Street, Bank of America Center, Suite 3950, Houston, TX, USA, 77002

Website

http://www.drinktopshelf.com

Top Shelf Brands Holdings Corp is engaged in the business of developing, importing, marketing and supplying branded alcoholic beverage brands and boutique wines. It specializes in the brand creation and strategic identity marketing for its products.

Top Shelf Brands Holdings (Top Shelf Brands Holdings) Headlines

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