Abbott Laboratories (ABT) | Long-term Debt and Solvency Analysis
Solvency ratios also known as long-term debt ratios measure a company's ability to meet long-term obligations.
Ratios (Summary)
You have visited 10 password protected pages for free. Others contain data covered by 
.
Sign Up Now to get full access to whole website and cut out all advertisements.
Abbott Laboratories, debt and solvency ratios
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Debt to equity | |
|
|
|
|
|
| Debt to capital | |
|
|
|
|
|
| Interest coverage | |
|
|
|
|
Source: Based on data from Abbott Laboratories Annual Reports
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | Abbott Laboratories's debt-to-equity ratio improved from 2010 to 2011 but then slightly deteriorated from 2011 to 2012 not reaching 2010 level. |
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | Abbott Laboratories's debt-to-capital ratio improved from 2010 to 2011 but then slightly deteriorated from 2011 to 2012 not reaching 2010 level. |
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Abbott Laboratories's interest coverage ratio deteriorated from 2010 to 2011 but then improved from 2011 to 2012 exceeding 2010 level. |
ADVERTISEMENT
Debt to Equity
You have visited 10 password protected pages for free. Others contain data covered by .
Sign Up Now to get full access to whole website and cut out all advertisements.
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in thousands) | ||||||
| Short-term borrowings | |
|
|
|
|
|
| Current portion of long-term debt | |
|
|
|
|
|
| Long-term debt, excluding current portion | |
|
|
|
|
|
| Total debt | |
|
|
|
|
|
| Total Abbott shareholders' investment | |
|
|
|
|
|
| Debt to Equity, Comparison to Industry | ||||||
| Abbott Laboratories1 | |
|
|
|
|
|
| Industry, Health Care | |
|
|
|
|
|
Source: Based on data from Abbott Laboratories Annual Reports
2012 Calculations
1 Debt to equity = Total debt ÷ Total Abbott shareholders' investment
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | Abbott Laboratories's debt-to-equity ratio improved from 2010 to 2011 but then slightly deteriorated from 2011 to 2012 not reaching 2010 level. |
ADVERTISEMENT
Debt to Capital
You have visited 10 password protected pages for free. Others contain data covered by .
Sign Up Now to get full access to whole website and cut out all advertisements.
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in thousands) | ||||||
| Short-term borrowings | |
|
|
|
|
|
| Current portion of long-term debt | |
|
|
|
|
|
| Long-term debt, excluding current portion | |
|
|
|
|
|
| Total debt | |
|
|
|
|
|
| Total Abbott shareholders' investment | |
|
|
|
|
|
| Total capital | |
|
|
|
|
|
| Debt to Capital, Comparison to Industry | ||||||
| Abbott Laboratories1 | |
|
|
|
|
|
| Industry, Health Care | |
|
|
|
|
|
Source: Based on data from Abbott Laboratories Annual Reports
2012 Calculations
1 Debt to capital = Total debt ÷ Total capital
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | Abbott Laboratories's debt-to-capital ratio improved from 2010 to 2011 but then slightly deteriorated from 2011 to 2012 not reaching 2010 level. |
ADVERTISEMENT
Interest Coverage
You have visited 10 password protected pages for free. Others contain data covered by .
Sign Up Now to get full access to whole website and cut out all advertisements.
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in thousands) | ||||||
| Net earnings | |
|
|
|
|
|
| Add: Interest expense | |
|
|
|
|
|
| Add: Income tax expense (benefit) | |
|
|
|
|
|
| Earnings before interest and tax (EBIT) | |
|
|
|
|
|
| Interest Coverage, Comparison to Industry | ||||||
| Abbott Laboratories1 | |
|
|
|
|
|
| Industry, Health Care | |
|
|
|
|
|
Source: Based on data from Abbott Laboratories Annual Reports
2012 Calculations
1 Interest coverage = EBIT ÷ Interest expense
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Abbott Laboratories's interest coverage ratio deteriorated from 2010 to 2011 but then improved from 2011 to 2012 exceeding 2010 level. |
ADVERTISEMENT