Detrex (Detrex) Debt-to-Asset : 0.12 (As of Sep. 2017)

View and export this data going back to . Start your Free Trial

What is Detrex Debt-to-Asset?

Detrex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $2.63 Mil. Detrex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.00 Mil. Detrex's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2017 was $21.32 Mil. Detrex's debt to asset for the quarter that ended in Sep. 2017 was 0.12.

Detrex Debt-to-Asset Historical Data

The historical data trend for Detrex's Debt-to-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.

Detrex Debt-to-Asset Chart

Detrex Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec13

Dec14

Dec15

Dec16

Debt-to-Asset

Get a 7-Day Free Trial

0.26

0.18

0.14

0.16

Detrex Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Dec13	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.16	0.15	0.13	0.12

Competitive Comparison of Detrex's Debt-to-Asset

For the Specialty Chemicals subindustry, Detrex's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Detrex's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Detrex's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Detrex's Debt-to-Asset falls into.

Detrex Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Detrex's Debt-to-Asset for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.895	+	0.658)	/	22.525
	=	0.16

Detrex's Debt-to-Asset for the quarter that ended in Sep. 2017 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.63	+	0)	/	21.315
	=	0.12

Detrex (OTCPK:DTRX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Detrex Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Detrex's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Detrex (Detrex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Detrex Corp (OTCPK:DTRX) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Website

http://www.detrex.com

Detrex Corp manufactures specialty chemicals including petroleum additives and high purity hydrochloric acid through its wholly owned subsidiary, The Elco Corporation (Elco). It sells primarily to petrochemicals and industrial manufacturing companies. Elco's lubricant additives are used for enhancing the properties of hydraulic oils, metalworking fluids, gear oils, greases, and fuels. Elco's products are manufactured in Cleveland, Ohio and Ashtabula, Ohio and sold domestically through a direct sales force and globally through agents and distributors.

Detrex (Detrex) Headlines

From GuruFocus

Detrex Corp: Another Gem Hidden in the Pink Sheets

By Frank Voisin Frank Voisin • 04-13-2012