American Vanguard (American Vanguard) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)

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What is American Vanguard 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 Vanguard's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

American Vanguard's long-term debt to total assets ratio increased from Dec. 2022 (0.10) to Dec. 2023 (0.20). It may suggest that American Vanguard is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for American Vanguard'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.

American Vanguard LT-Debt-to-Total-Asset Chart

American Vanguard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.17

0.11

0.10

0.20

American Vanguard Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.15	0.23	0.29	0.20

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

American Vanguard's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	156.013	/	767.548
	=	0.20

American Vanguard's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	156.013	/	767.548
	=	0.20

American Vanguard (NYSE:AVD) 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 Vanguard LT-Debt-to-Total-Asset Related Terms

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American Vanguard (American Vanguard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » American Vanguard Corp (NYSE:AVD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AVJ:Germany

Address

4695 MacArthur Court, Newport Beach, CA, USA, 92660

Website

https://www.american-vanguard.com

American Vanguard Corp is a United States-based diversified specialty and agricultural products company. It manufactures and formulates chemicals for crops, turf and ornamental plants, and human and animal health protection. These chemicals include insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants, which are marketed in liquid, powder, and granular forms. The company generates a majority of its revenue from the sale of insecticides and herbicides.

Executives

Ulrich Trogele	officer: Executive VP, COO - AMVAC	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Keith M Rosenbloom	director	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Eilers	officer: See Remarks	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Patrick E Gottschalk	director	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Andrew B Naughton	officer: V.P., Director of Technology	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Eric G Wintemute	director, officer: Chairman & CEO	4695 MACARTHUR COURT SUITE 1200, NEWPORT BEACH CA 92660
David` T. Johnson	officer: CHIEF FINANCIAL OFFICER	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92657
Timothy Donnelly	officer: See Remarks	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Mark R Bassett	director	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Cruiser Capital Advisors, Llc	director	243 TRESSER BOULEVARD, 17TH FLOOR, STAMFORD CT 06901
Marisol Angelini	director	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Turnbough Porpiglia	officer: See Remarks	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Johann Venter	officer: See Remarks	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Scott Hendrix	officer: VP/Crop Sales - AMVAC	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Shayne M Wetherall	other: CEO, Envance/TyraTech	4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660