Berkshire Grey (Berkshire Grey) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Berkshire Grey 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. Berkshire Grey's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.08.

Berkshire Grey's long-term debt to total assets ratio increased from Mar. 2022 (0.05) to Mar. 2023 (0.08). It may suggest that Berkshire Grey is progressively becoming more dependent on debt to grow their business.

Berkshire Grey LT-Debt-to-Total-Asset Historical Data

The historical data trend for Berkshire Grey'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.

* Premium members only.

Berkshire Grey LT-Debt-to-Total-Asset Chart

Berkshire Grey Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.08

Berkshire Grey Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.05	0.06	0.07	0.08	0.08

Berkshire Grey LT-Debt-to-Total-Asset Calculation

Berkshire Grey's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	8.59	/	113.841
	=	0.08

Berkshire Grey's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	8.314	/	102.956
	=	0.08

Berkshire Grey (NAS:BGRYW) 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.

Berkshire Grey LT-Debt-to-Total-Asset Related Terms

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

Berkshire Grey (Berkshire Grey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Berkshire Grey Inc (NAS:BGRYW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 South Road, Bedford, MA, USA, 01730

Website

https://www.berkshiregrey.com

Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Its solutions are a fundamental engine of change that transforms pick, pack, move, store, organize and sort operations to deliver a competitive advantage for enterprises. Majority of the revenue is derived from North America.