Armor Designs (LSE:ADIS) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2013)

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What is Armor Designs 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. Armor Designs's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.20.

Armor Designs's long-term debt to total assets ratio increased from Dec. 2011 (0.00) to Dec. 2013 (0.20). It may suggest that Armor Designs is progressively becoming more dependent on debt to grow their business.

Armor Designs LT-Debt-to-Total-Asset Historical Data

The historical data trend for Armor Designs'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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Armor Designs LT-Debt-to-Total-Asset Chart

Armor Designs Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

LT-Debt-to-Total-Asset

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0.18

0.20

Armor Designs Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	-	-	0.18	0.20

Armor Designs LT-Debt-to-Total-Asset Calculation

Armor Designs's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )	/	Total Assets (A: Dec. 2013 )
	=	0.356	/	1.814
	=	0.20

Armor Designs's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )	/	Total Assets (Q: Dec. 2013 )
	=	0.356	/	1.814
	=	0.20

Armor Designs (LSE:ADIS) 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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Armor Designs (LSE:ADIS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Armor Designs Inc (LSE:ADIS) » Definitions » LT-Debt-to-Total-Asset

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Armor Designs Inc was incorporated in Delaware on March 30, 2006. The Company is a designer, integrator and manufacturer of body and vehicular armor solutions for military, government and commercial sectors on a global basis. Its focus is primarily on introducing next generation armor based on patented Volumetrically Controlled Manufacturing (VCM) technology.

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