TORM (TOR Minerals International) LT-Debt-to-Total-Asset: 0.07 (As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
Price $2.06
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What is TOR Minerals International LT-Debt-to-Total-Asset?

TOR Minerals International TORM -5.94% 12 LT-Debt-to-Total-Asset is 0.07 as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

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. TOR Minerals International's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.07.

TOR Minerals International's long-term debt to total assets ratio declined from Dec. 2015 (0.10) to Dec. 2017 (0.07). It may suggest that TOR Minerals International is progressively becoming less dependent on debt to grow their business.

TOR Minerals International  (OTCPK:TORM) 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.

TOR Minerals International LT-Debt-to-Total-Asset Related Terms

TOR Minerals International LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for TOR Minerals International'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.

TOR Minerals International LT-Debt-to-Total-Asset Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.10 0.08 0.07

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 0.06 0.03 0.10 0.08 0.07
TORM
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TOR Minerals International Inc TORM
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TOR Minerals International LT-Debt-to-Total-Asset Calculation

TOR Minerals International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )/Total Assets (A: Dec. 2017 )
=2.443/36.329
=0.07

TOR Minerals International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (Q: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )/Total Assets (Q: Dec. 2017 )
=2.443/36.329
=0.07

* 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 0.07 mean?
TOR Minerals International (TORM) has a LT-Debt-to-Total-Asset of 0.07 as of Dec. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TOR Minerals International and its competitors.
Is TOR Minerals International's LT-Debt-to-Total-Asset too high?
TOR Minerals International's current LT-Debt-to-Total-Asset is 0.07. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's LT-Debt-to-Total-Asset compare to BGLC and CRKN?
TOR Minerals International's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Chemicals 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 a Chemicals company?
A good LT-Debt-to-Total-Asset depends on the Chemicals 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 TOR Minerals International and its competitors. TOR Minerals International's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. TOR Minerals International's overall GF Score™ is 12/100. 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 TOR Minerals International (TORM), the current LT-Debt-to-Total-Asset is 0.07 as of Dec. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
12GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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