Smiths Group (Smiths Group) Debt-to-Asset : 0.17 (As of Jan. 2024)

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What is Smiths Group Debt-to-Asset?

Smiths Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $51 Mil. Smiths Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $804 Mil. Smiths Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was $5,165 Mil. Smiths Group's debt to asset for the quarter that ended in Jan. 2024 was 0.17.

Smiths Group Debt-to-Asset Historical Data

The historical data trend for Smiths Group's Debt-to-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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Smiths Group Debt-to-Asset Chart

Smiths Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Asset

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0.28

0.29

0.28

0.22

0.15

Smiths Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.22	0.24	0.15	0.17

Competitive Comparison of Smiths Group's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Smiths Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Smiths Group's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Smiths Group's Debt-to-Asset falls into.

Smiths Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Smiths Group's Debt-to-Asset for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(37.371	+	805.412)	/	5612.113
	=	0.15

Smiths Group's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(50.826	+	804.32)	/	5165.184
	=	0.17

Smiths Group (OTCPK:SMGZY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Smiths Group Debt-to-Asset Related Terms

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Smiths Group (Smiths Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smiths Group PLC (OTCPK:SMGZY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SMGKF:USA SMINl:UK SMIN:UK QS2A:Germany

Address

11-12 St James’s Square, 4th Floor, London, GBR, SW1Y 4LB

Website

https://www.smiths.com

With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.