3D Systems (MIL:1DDD) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2023)

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What is 3D Systems 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. 3D Systems's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.38.

3D Systems's long-term debt to total assets ratio increased from Dec. 2022 (0.34) to Dec. 2023 (0.38). It may suggest that 3D Systems is progressively becoming more dependent on debt to grow their business.

3D Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for 3D Systems'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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3D Systems LT-Debt-to-Total-Asset Chart

3D Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.09

0.32

0.34

0.38

3D Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.35	0.36	0.38	0.38

3D Systems LT-Debt-to-Total-Asset Calculation

3D Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	344.93	/	898.832
	=	0.38

3D Systems's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	344.93	/	898.832
	=	0.38

3D Systems (MIL:1DDD) 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.

3D Systems LT-Debt-to-Total-Asset Related Terms

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3D Systems (MIL:1DDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 3D Systems Corp (MIL:1DDD) » Definitions » LT-Debt-to-Total-Asset

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DDD:USA DDD:Mexico SYV:Germany DDD:Austria

Address

333 Three D Systems Circle, Rock Hill, SC, USA, 29730

Website

https://www.3dsystems.com

3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.

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