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Altero AB (XSAT:ATO B) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2012)


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What is Altero AB 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. Altero AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2012 was 0.04.

Altero AB's long-term debt to total assets ratio declined from Jun. 2011 (0.17) to Sep. 2012 (0.04). It may suggest that Altero AB is progressively becoming less dependent on debt to grow their business.

Altero AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Altero AB'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.

Altero AB LT-Debt-to-Total-Asset Chart

Altero AB Annual Data
Trend Dec08 Dec09 Dec10
LT-Debt-to-Total-Asset
0.07 0.11 -

Altero AB Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Mar12 Jun12 Sep12
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.03 0.01 0.04

Altero AB LT-Debt-to-Total-Asset Calculation

Altero AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

LT Debt to Total Assets (A: Dec. 2010 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2010 )/Total Assets (A: Dec. 2010 )
=0/50.365
=0.00

Altero AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

LT Debt to Total Assets (Q: Sep. 2012 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2012 )/Total Assets (Q: Sep. 2012 )
=1.2/33.847
=0.04

* 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.

Altero AB  (XSAT:ATO B) 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.

Altero AB LT-Debt-to-Total-Asset Related Terms

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