GLUX (Great Lakes Aviation) Debt-to-Asset : 0.47 (As of Sep. 2015)

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What is Great Lakes Aviation Debt-to-Asset?

Great Lakes Aviation GLUX -99.00% Debt-to-Asset is 0.47 as of Sep. 2015.

Great Lakes Aviation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $27.50 Mil. Great Lakes Aviation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Great Lakes Aviation's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2015 was $58.59 Mil. Great Lakes Aviation's debt to asset for the quarter that ended in Sep. 2015 was 0.47.

Great Lakes Aviation  (OTCPK:GLUX) 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.

Great Lakes Aviation Debt-to-Asset Related Terms

Great Lakes Aviation Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Debt-to-Asset Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.35 0.31 0.31 0.39

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.39 0.40 0.45 0.47

GLUX vs MESA: Debt-to-Asset Comparison

For the Airlines subindustry, Great Lakes Aviation'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.

Great Lakes Aviation Debt-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Great Lakes Aviation's Debt-to-Asset distribution charts can be found below:

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


Great Lakes Aviation Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Great Lakes Aviation's Debt-to-Asset for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 25) / 64.262
=0.39

Great Lakes Aviation's Debt-to-Asset for the quarter that ended in Sep. 2015 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(27.5 + 0) / 58.592
=0.47

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.47 mean?
Great Lakes Aviation (GLUX) has a Debt-to-Asset of 0.47 as of Sep. 2015. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Great Lakes Aviation and its competitors.
Is Great Lakes Aviation's Debt-to-Asset too high?
Great Lakes Aviation's current Debt-to-Asset is 0.47.
How does Great Lakes Aviation's Debt-to-Asset compare to MESA?
Great Lakes Aviation's Debt-to-Asset of 0.47 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Great Lakes Aviation and its competitors. Great Lakes Aviation's current Debt-to-Asset is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Debt-to-Asset of 0.47. The current Debt-to-Asset is 0.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Great Lakes Aviation (GLUX), the current Debt-to-Asset is 0.47 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.