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

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What is Thermwood 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. 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 LT-Debt-to-Total-Asset Historical Data

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.

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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

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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															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

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

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Thermwood (Thermwood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermwood Corp (OTCPK:TOOD) » Definitions » LT-Debt-to-Total-Asset

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Address

904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057

Website

http://www.thermwood.com

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.

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