American Biltrite (American Biltrite) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2011)

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What is American Biltrite 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. American Biltrite's long-term debt to total assests ratio for the quarter that ended in Dec. 2011 was 0.04.

American Biltrite's long-term debt to total assets ratio declined from Dec. 2010 (0.05) to Dec. 2011 (0.04). It may suggest that American Biltrite is progressively becoming less dependent on debt to grow their business.

American Biltrite LT-Debt-to-Total-Asset Historical Data

The historical data trend for American Biltrite'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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American Biltrite LT-Debt-to-Total-Asset Chart

American Biltrite Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

LT-Debt-to-Total-Asset

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0.05

0.03

0.05

0.04

American Biltrite Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.04	0.04

American Biltrite LT-Debt-to-Total-Asset Calculation

American Biltrite's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (A: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2011 )	/	Total Assets (A: Dec. 2011 )
	=	4.299	/	120.4
	=	0.04

American Biltrite's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (Q: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2011 )	/	Total Assets (Q: Dec. 2011 )
	=	4.299	/	120.4
	=	0.04

American Biltrite (OTCPK:ABLT) 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.

American Biltrite LT-Debt-to-Total-Asset Related Terms

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American Biltrite (American Biltrite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » American Biltrite Inc (OTCPK:ABLT) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

57 River Street, Suite 302, Wellesley Hills, MA, USA, 02481-2097

Website

http://www.ambilt.com

American Biltrite Inc is engaged in providing flooring products, tape products, jewelry, and rubber products globally. It offers all the products from its operating divisions, Tape Division, K&M Associates L.P., and American Biltrite (Canada) Ltd. The Tape products division provides specialized pressure-sensitive tapes, films, and protective sheeting. American Biltrite (Canada) Ltd manufactures and distributes commercial flooring and performance sheet rubber throughout North America. K&M Associates L.P. supplies fashion jewelry and sells branded and private-label products to a wide range of retail customers.

Executives

Mark N Kaplan	director	C/O AUTOWEB, INC. 6410 OAK CANYON, SUITE 250 IRVINE CA 92618
Mark S Newman	director	DRS TECHNOLOGIES, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Kenneth I Watchmaker	director
Frederick H Joseph	director	93 ABBOT STREET, ANDOVER MA 01810

American Biltrite (American Biltrite) Headlines

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