Bombardier (Bombardier) LT-Debt-to-Total-Asset : 0.44 (As of Mar. 2024)

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What is Bombardier 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. Bombardier's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.44.

Bombardier's long-term debt to total assets ratio declined from Mar. 2023 (0.45) to Mar. 2024 (0.44). It may suggest that Bombardier is progressively becoming less dependent on debt to grow their business.

Bombardier LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bombardier'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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Bombardier LT-Debt-to-Total-Asset Chart

Bombardier Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.37

0.36

0.55

0.49

0.45

Bombardier Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.45	0.45	0.45	0.44

Bombardier LT-Debt-to-Total-Asset Calculation

Bombardier'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 )
	=	5607	/	12458
	=	0.45

Bombardier's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	5606	/	12822
	=	0.44

Bombardier (OTCPK:BOMBF.PFD) 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.

Bombardier LT-Debt-to-Total-Asset Related Terms

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Bombardier (Bombardier) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bombardier Inc (OTCPK:BOMBF.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BDRXF.PFD:USA BDRPF.PFD:USA BDRBF:USA BDRAF:USA BBDC:Germany BBD.PR.D.PFD:Canada BBD.PR.C.PFD:Canada BBD.PR.B.PFD:Canada BBD.B:Canada BBD.A:Canada

Address

400, chemin de la Cote-Vertu Ouest, Dorval, QC, CAN, H4S 1Y9

Website

https://www.bombardier.com

Bombardier designs, manufactures, markets, and provides parts and maintenance for its large, long-range Global and medium-to-large Challenger aircraft families of business jets. Most of the company's revenue is generated in North America, with operations in Europe, North America, Asia-Pacific, and other markets.