Avitar (Avitar) Debt-to-Asset : 4.34 (As of Dec. 2007)

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What is Avitar Debt-to-Asset?

Avitar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $2.23 Mil. Avitar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $4.07 Mil. Avitar's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2007 was $1.45 Mil. Avitar's debt to asset for the quarter that ended in Dec. 2007 was 4.34.

Avitar Debt-to-Asset Historical Data

The historical data trend for Avitar'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.

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Avitar Debt-to-Asset Chart

Avitar Annual Data

Trend

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Debt-to-Asset

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0.43

0.08

0.67

1.62

3.01

Avitar Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Debt-to-Asset	Get a 7-Day Free Trial															2.03	2.53	2.86	3.01	4.34

Competitive Comparison of Avitar's Debt-to-Asset

For the Medical Devices subindustry, Avitar'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.

Avitar's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Avitar's Debt-to-Asset distribution charts can be found below:

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

Avitar Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Avitar's Debt-to-Asset for the fiscal year that ended in Sep. 2007 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.369	+	3.896)	/	1.748
	=	3.01

Avitar's Debt-to-Asset for the quarter that ended in Dec. 2007 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.233	+	4.067)	/	1.452
	=	4.34

Avitar (OTCPK:AVTI) 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.

Avitar Debt-to-Asset Related Terms

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Avitar (Avitar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Avitar Inc (OTCPK:AVTI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9

Website

Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.