Linamar (TSX:LNR) Debt-to-Asset : 0.22 (As of Sep. 2024)

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What is Linamar Debt-to-Asset?

Linamar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$45 Mil. Linamar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$2,423 Mil. Linamar's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$11,070 Mil. Linamar's debt to asset for the quarter that ended in Sep. 2024 was 0.22.

Linamar Debt-to-Asset Historical Data

The historical data trend for Linamar'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.

Linamar Debt-to-Asset Chart

Linamar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.25

0.17

0.11

0.15

0.18

Linamar 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															0.18	0.18	0.24	0.23	0.22

Competitive Comparison of Linamar's Debt-to-Asset

For the Auto Parts subindustry, Linamar'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.

Linamar's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Debt-to-Asset distribution charts can be found below:

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

Linamar Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Linamar'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
	=	(40.53	+	1731.817)	/	9850.5
	=	0.18

Linamar'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
	=	(45.198	+	2422.617)	/	11069.855
	=	0.22

Linamar (TSX:LNR) 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.

Linamar Debt-to-Asset Related Terms

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

Linamar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Linamar Corp (TSX:LNR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

LIMAF:USA LNR:Germany LNR:Germany

Address

287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5

Website

https://www.linamar.com

Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.

Executives

Linamar Corporation	Issuer
Mark Stoddart	Director, Senior Officer
Michael Willard Russell	Senior Officer
Dale Schneider	Senior Officer
Elliot Burger	Deemed Insider - 6 Months before becoming Insider
Christopher John Merchant	Senior Officer
Roxanne Phyllis Rose	Senior Officer
Linda Hasenfratz	Director, Senior Officer
Ronald Dale Bennett	Senior Officer
Brian Wade	Senior Officer
Alexander Drolc	Senior Officer
Geoffrey Joseph Gray	Deemed Insider - 6 Months before becoming Insider
Roger Fulton	Senior Officer
Steven Keith Bowman	Senior Officer
Kiera Katherine Andrew Young	Senior Officer

Linamar Headlines

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