Finisar (Finisar) LT-Debt-to-Total-Asset : 0.22 (As of Jul. 2019)

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What is Finisar 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. Finisar's long-term debt to total assests ratio for the quarter that ended in Jul. 2019 was 0.22.

Finisar's long-term debt to total assets ratio increased from Jul. 2018 (0.19) to Jul. 2019 (0.22). It may suggest that Finisar is progressively becoming more dependent on debt to grow their business.

Finisar LT-Debt-to-Total-Asset Historical Data

The historical data trend for Finisar'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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Finisar LT-Debt-to-Total-Asset Chart

Finisar Annual Data

Trend

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

LT-Debt-to-Total-Asset

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0.14

0.28

0.19

0.22

Finisar Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.19	0.22	0.22	0.22

Finisar LT-Debt-to-Total-Asset Calculation

Finisar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2019 is calculated as

LT Debt to Total Assets (A: Apr. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2019 )	/	Total Assets (A: Apr. 2019 )
	=	512.105	/	2352.167
	=	0.22

Finisar's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2019 is calculated as

LT Debt to Total Assets (Q: Jul. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2019 )	/	Total Assets (Q: Jul. 2019 )
	=	516.746	/	2394.929
	=	0.22

Finisar (NAS:FNSR) 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.

Finisar LT-Debt-to-Total-Asset Related Terms

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Finisar (Finisar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Finisar Corp (NAS:FNSR) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089

Website

http://www.finisar.com

Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.

Executives

Michael L Dreyer	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child	director	125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun	director	C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet	director
Jerry S Rawls	director	1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens	director	3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema	officer: EVP & Chief Financial Officer	1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston	director, officer: CEO	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel	director, officer: CEO	11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont	director	5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi	director	C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones	director	C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson	director	3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes	director	C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089