AVI (Advantage Insurance) LT-Debt-to-Total-Asset: 0.01 (As of Sep. 2017)


What is Advantage Insurance LT-Debt-to-Total-Asset?

Advantage Insurance AVI LT-Debt-to-Total-Asset is 0.01 as of Sep. 2017.

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. Advantage Insurance's long-term debt to total assests ratio for the quarter that ended in Sep. 2017 was 0.01.

Advantage Insurance's long-term debt to total assets ratio increased from Sep. 2016 (0.00) to Sep. 2017 (0.01). It may suggest that Advantage Insurance is progressively becoming more dependent on debt to grow their business.

Advantage Insurance  (NYSE:AVI) 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.

Advantage Insurance LT-Debt-to-Total-Asset Related Terms

Advantage Insurance LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Advantage Insurance'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.

Advantage Insurance LT-Debt-to-Total-Asset Chart

Advantage Insurance Annual Data
Trend Dec15 Dec16
LT-Debt-to-Total-Asset
0.00 0.01

Advantage Insurance Semi-Annual Data
Dec15 Sep16 Dec16 Sep17
LT-Debt-to-Total-Asset 0.00 0.00 0.01 0.01

Advantage Insurance LT-Debt-to-Total-Asset Calculation

Advantage Insurance's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )/Total Assets (A: Dec. 2016 )
=16.188/1253.737
=0.01

Advantage Insurance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

LT Debt to Total Assets (Q: Sep. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2017 )/Total Assets (Q: Sep. 2017 )
=12.133/1478.278
=0.01

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Advantage Insurance (AVI) has a LT-Debt-to-Total-Asset of 0.01 as of Sep. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Advantage Insurance and its competitors.
Is Advantage Insurance's LT-Debt-to-Total-Asset too high?
Advantage Insurance's current LT-Debt-to-Total-Asset is 0.01.
How does Advantage Insurance's LT-Debt-to-Total-Asset compare to ?
Advantage Insurance's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Insurance company?
A good LT-Debt-to-Total-Asset depends on the Insurance industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Advantage Insurance and its competitors. Advantage Insurance's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Insurance stock overvalued right now?
Advantage Insurance (AVI) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Advantage Insurance (AVI), the current LT-Debt-to-Total-Asset is 0.01 as of Sep. 2017. 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.

Advantage Insurance Business Description

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