Ameritrans Capital (Ameritrans Capital) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2013)

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

What is Ameritrans Capital 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. Ameritrans Capital's long-term debt to total assests ratio for the quarter that ended in Mar. 2013 was 0.00.

Ameritrans Capital's long-term debt to total assets ratio declined from Mar. 2012 (1.01) to Mar. 2013 (0.00). It may suggest that Ameritrans Capital is progressively becoming less dependent on debt to grow their business.

Ameritrans Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ameritrans Capital'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.

Ameritrans Capital LT-Debt-to-Total-Asset Chart

Ameritrans Capital Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.65

0.42

0.62

0.70

1.12

Ameritrans Capital Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.01	1.12	1.18	1.28	-

Ameritrans Capital LT-Debt-to-Total-Asset Calculation

Ameritrans Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2012 is calculated as

LT Debt to Total Assets (A: Jun. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2012 )	/	Total Assets (A: Jun. 2012 )
	=	21.175	/	18.941
	=	1.12

Ameritrans Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2013 is calculated as

LT Debt to Total Assets (Q: Mar. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2013 )	/	Total Assets (Q: Mar. 2013 )
	=	0	/	11.56
	=	0.00

Ameritrans Capital (OTCPK:AMTPQ.PFD) 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.

Ameritrans Capital LT-Debt-to-Total-Asset Related Terms

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

Ameritrans Capital (Ameritrans Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameritrans Capital Corp (OTCPK:AMTPQ.PFD) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

50 Jericho Quadrange, Suite 109, Jericho, NY, USA, 11753

Website

http://www.ameritranscapital.com

Ameritrans Capital Corp is a closed-end investment company. The company makes loans and investments with the goal of generating both current income and capital appreciation.