TOOD (Thermwood) LT-Debt-to-Total-Asset: 0.25 (As of Jul. 2001)


What is Thermwood LT-Debt-to-Total-Asset?

Thermwood TOOD LT-Debt-to-Total-Asset is 0.25 as of Jul. 2001.

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. Thermwood's long-term debt to total assests ratio for the quarter that ended in Jul. 2001 was 0.25.

Thermwood's long-term debt to total assets ratio increased from Jul. 2000 (0.22) to Jul. 2001 (0.25). It may suggest that Thermwood is progressively becoming more dependent on debt to grow their business.


Thermwood  (OTCPK:TOOD) 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.


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


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

* Premium members only.

The historical data trend for Thermwood'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.

Thermwood LT-Debt-to-Total-Asset Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.21 0.24 0.22 0.25

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 0.22 0.23 0.24 0.24 0.25

Thermwood LT-Debt-to-Total-Asset Calculation

Thermwood's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2001 is calculated as

LT Debt to Total Assets (A: Jul. 2001 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2001 )/Total Assets (A: Jul. 2001 )
=3.075/12.193
=0.25

Thermwood's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2001 is calculated as

LT Debt to Total Assets (Q: Jul. 2001 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2001 )/Total Assets (Q: Jul. 2001 )
=3.075/12.193
=0.25

* 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 0.25 mean?
Thermwood (TOOD) has a LT-Debt-to-Total-Asset of 0.25 as of Jul. 2001. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Thermwood and its competitors.
Is Thermwood's LT-Debt-to-Total-Asset too high?
Thermwood's current LT-Debt-to-Total-Asset is 0.25.
How does Thermwood's LT-Debt-to-Total-Asset compare to EVTN and NRBT?
Thermwood's LT-Debt-to-Total-Asset of 0.25 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products 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 Thermwood and its competitors. Thermwood's current LT-Debt-to-Total-Asset is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current LT-Debt-to-Total-Asset of 0.25. The current LT-Debt-to-Total-Asset is 0.25. 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 Thermwood (TOOD), the current LT-Debt-to-Total-Asset is 0.25 as of Jul. 2001. 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.

Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.