Crane NXT Co (Crane NXT Co) Debt-to-Asset : 0.32 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Crane NXT Co Debt-to-Asset?

Crane NXT Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $38 Mil. Crane NXT Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $640 Mil. Crane NXT Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $2,099 Mil. Crane NXT Co's debt to asset for the quarter that ended in Mar. 2024 was 0.32.

Crane NXT Co Debt-to-Asset Historical Data

The historical data trend for Crane NXT Co'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.

* Premium members only.

Crane NXT Co Debt-to-Asset Chart

Crane NXT Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.29

0.21

0.41

0.33

Crane NXT Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial								0.27	0.39	0.35	0.33	0.32

Competitive Comparison of Crane NXT Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Crane NXT Co'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.

Crane NXT Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Crane NXT Co's Debt-to-Asset falls into.

Crane NXT Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Crane NXT Co's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(11.8	+	682.9)	/	2129.4
	=	0.33

Crane NXT Co's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(38.1	+	639.6)	/	2098.7
	=	0.32

Crane NXT Co (NYSE:CXT) 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.

Crane NXT Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Crane NXT Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Crane NXT Co (Crane NXT Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crane NXT Co (NYSE:CXT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 First Stamford Place, Stamford, CT, USA, 06902

Website

https://www.cranenxt.com

Crane NXT Co is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. It is a pioneer in advanced, proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies.

Executives

Kurt F. Gallo	officer: Sr. VP, Payment & Merch. Tech.	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Max H Mitchell	officer: VICE PRESIDENT - OP EX	CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl	director	3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
David D Petratis	director	1415 ROSELLE ROAD, PALATINE IL 60067
Marijane V. Papanikolaou	officer: V.P, Controller & CAO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono	officer: SVP, CHRO	950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Bianca B. Shardelow	officer: VP, Controller & CAO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
William K Grogan	director	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Sanjay Kapoor	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Paul Gerard Igoe	officer: SVP, General Counsel & Sec.	LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Crane Holdings, Co.	10 percent owner	CRANE NXT, CO., 950 WINTER STREET, 4TH FLOOR, WALTHAM MA 02451
Aaron W Saak	officer: CEO, Crane NXT	C/O VONTIER CORPORATION, 5438 WADE PARK BLVD., SUITE 600, RALEIGH NC 27607
Scott A. Grisham	officer: SVP Bus. Dev. & Strategy	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tamara S. Polmanteer	officer: Senior Vice President, CHRO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
John S Stroup	director	1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105