Abakan (Abakan) LT-Debt-to-Total-Asset : 0.00 (As of May. 2015)

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

What is Abakan 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. Abakan's long-term debt to total assests ratio for the quarter that ended in May. 2015 was 0.00.

Abakan's long-term debt to total assets ratio declined from May. 2014 (0.08) to May. 2015 (0.00). It may suggest that Abakan is progressively becoming less dependent on debt to grow their business.

Abakan LT-Debt-to-Total-Asset Historical Data

The historical data trend for Abakan'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.

Abakan LT-Debt-to-Total-Asset Chart

Abakan Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.08

0.26

0.08

Abakan Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.07	0.06	0.07	-

Abakan LT-Debt-to-Total-Asset Calculation

Abakan's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2015 is calculated as

LT Debt to Total Assets (A: May. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2015 )	/	Total Assets (A: May. 2015 )
	=	0.047	/	14.221
	=	0.00

Abakan's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2015 is calculated as

LT Debt to Total Assets (Q: May. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2015 )	/	Total Assets (Q: May. 2015 )
	=	0.047	/	14.221
	=	0.00

Abakan (OTCPK:ABKI) 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.

Abakan LT-Debt-to-Total-Asset Related Terms

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

Abakan (Abakan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Abakan Inc (OTCPK:ABKI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.abakaninc.com

Abakan Inc manufactures and markets nano-composite materials, fabricated metal products, engineered metal composites and engineered reactive materials. These have applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure, and processing industries. Its technology portfolio includes metal cladding technology, long-life nano-composite anti-corrosion and wear coating materials, metal composites, and dissolvable materials. It offers a family of nano-composite thermal spray coating materials known as PComP. The company's revenues are comprised of sales of PComP powder along with thermal spray application services, research and development grants and equipment sale and lease income.

Abakan (Abakan) Headlines

No Headlines