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Escalade (Escalade) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)


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What is Escalade 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. Escalade's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Escalade's long-term debt to total assets ratio declined from Mar. 2023 (0.33) to Mar. 2024 (0.21). It may suggest that Escalade is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Escalade'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.

Escalade LT-Debt-to-Total-Asset Chart

Escalade Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.14 0.21 0.32 0.20

Escalade Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-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 0.33 0.30 0.26 0.20 0.21

Escalade LT-Debt-to-Total-Asset Calculation

Escalade'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 )
=51.65/253.005
=0.20

Escalade's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=54.011/256.347
=0.21

* 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.


Escalade  (NAS:ESCA) 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.


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

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Escalade (Escalade) Business Description

Traded in Other Exchanges
Address
817 Maxwell Avenue, Evansville, IN, USA, 47711
Escalade Inc manufactures and distributes sporting goods for a varied range of activities. These sports include archery, table tennis, basketball goals, trampoline, play systems, fitness, game tables like hockey and soccer, billiards, darting, and other outdoor games. These products are sold under the brand names like Goalrilla, Goalsetter, Woodplay, Silverback, Nodor, Rage, Child Life, among others. The geographic segments in which the company operates are North America, Europe and others out of which the major part of the revenue is generated from North America region.
Executives
Stephen Wawrin officer: Chief Financial Officer 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Baalmann Richard Fenton Jr director 11634 SERAMA DRIVE, ST LOUIS MO 63131
Anita Sehgal director 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Glazer Walter P. Jr. director 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Edward E Williams director PO BOX 50, CRYSTAL CITY MO 63019
Robert E Griffin 10 percent owner 817 MAXWELL AVENUE, EVANSVILLE IN 47717
Patrick J Griffin director, 10 percent owner, officer: Vice President 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Katherine F. Franklin director 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Scott J Sincerbeaux officer: CEO & President 817 MAXWELL AVENUE, EVANSVILLE IN 47711
David L. Fetherman director, officer: Chief Executive Officer 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Richard White director C/O ESCALADE INCORPORATED, 817 MAXWELL AVE, EVANSVILLE IN 47711
George Savitsky director 212 SOUTH CAMDEN DRIVE, BEVERLY HILLS CA 90212
Robert J Keller officer: President & CEO 817 MAXWELL AVE, EVANSVILLE IN 47711
Deborah Jean Meinert officer: VP, CFO and Secretary 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Matthews Blaine E Jr director PO BOX 15, CORNWALL BRIDGE CT 06754