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RYAMPA.PFD (Rayonier Advanced Materials) Debt-to-Asset : 0.36 (As of Sep. 2024)


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What is Rayonier Advanced Materials Debt-to-Asset?

Rayonier Advanced Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $25.58 Mil. Rayonier Advanced Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $747.68 Mil. Rayonier Advanced Materials's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $2,159.36 Mil. Rayonier Advanced Materials's debt to asset for the quarter that ended in Sep. 2024 was 0.36.


Rayonier Advanced Materials Debt-to-Asset Historical Data

The historical data trend for Rayonier Advanced Materials'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.

Rayonier Advanced Materials Debt-to-Asset Chart

Rayonier Advanced Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.43 0.38 0.36 0.36

Rayonier Advanced Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.36 0.37 0.35 0.36

Competitive Comparison of Rayonier Advanced Materials's Debt-to-Asset

For the Chemicals subindustry, Rayonier Advanced Materials'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.


Rayonier Advanced Materials's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rayonier Advanced Materials's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rayonier Advanced Materials's Debt-to-Asset falls into.



Rayonier Advanced Materials Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rayonier Advanced Materials'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
=(25.283 + 752.174) / 2182.7
=0.36

Rayonier Advanced Materials's Debt-to-Asset for the quarter that ended in Sep. 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
=(25.578 + 747.675) / 2159.36
=0.36

* 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.


Rayonier Advanced Materials  (NYSE:RYAMpA.PFD) 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.


Rayonier Advanced Materials Debt-to-Asset Related Terms

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Rayonier Advanced Materials Business Description

Traded in Other Exchanges
Address
1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL, USA, 32207
Rayonier Advanced Materials Inc manufactures high-purity cellulose derived from wood. Also known as cellulose specialties, the company's products are used in a variety of applications, including cigarette filters, liquid crystal displays, paints, pharmaceuticals, and food. The company operates in the reportable segments of High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate and Other. The key revenue is derived from the High Purity Cellulose segment. Geographically, it derives a majority of revenue from the United States.