Erickson (Erickson) LT-Debt-to-Total-Asset : 0.82 (As of Jun. 2016)

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What is Erickson 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. Erickson's long-term debt to total assests ratio for the quarter that ended in Jun. 2016 was 0.82.

Erickson's long-term debt to total assets ratio increased from Jun. 2015 (0.74) to Jun. 2016 (0.82). It may suggest that Erickson is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Erickson'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.

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Erickson LT-Debt-to-Total-Asset Chart

Erickson Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

LT-Debt-to-Total-Asset

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0.53

0.10

0.60

0.65

0.77

Erickson Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.74	0.71	0.77	0.79	0.82

Erickson LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )	/	Total Assets (A: Dec. 2015 )
	=	460.947	/	601.653
	=	0.77

Erickson's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (Q: Jun. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2016 )	/	Total Assets (Q: Jun. 2016 )
	=	480.88	/	583.779
	=	0.82

Erickson (OTCPK:EKSN) 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.

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

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Erickson (Erickson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Erickson Inc (OTCPK:EKSN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5550 South West Macadam Avenue, Suite 200, Portland, OR, USA, 97239

Website

http://www.ericksonaviation.com

Erickson Inc owns and operates a diverse fleet of aircraft. The company offers support and maintenance, repair, remanufacture and related overhaul services to Aircrane and other aircrafts. In addition, the company leases aircrafts for specific missions. Geographically the activities are carried out through the region of United States.