CLIRF (Clearford Water Systems) LT-Debt-to-Total-Asset: 3.33 (As of Sep. 2021)


What is Clearford Water Systems LT-Debt-to-Total-Asset?

Clearford Water Systems CLIRF LT-Debt-to-Total-Asset is 3.33 as of Sep. 2021.

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. Clearford Water Systems's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 3.33.

Clearford Water Systems's long-term debt to total assets ratio increased from Sep. 2020 (2.92) to Sep. 2021 (3.33). It may suggest that Clearford Water Systems is progressively becoming more dependent on debt to grow their business.

Clearford Water Systems  (OTCPK:CLIRF) 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.

Clearford Water Systems LT-Debt-to-Total-Asset Related Terms

Clearford Water Systems LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Clearford Water Systems'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.

Clearford Water Systems LT-Debt-to-Total-Asset Chart

Clearford Water Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.03 2.79 2.84 3.04

Clearford Water Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
LT-Debt-to-Total-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 2.92 3.04 3.30 3.51 3.33

Clearford Water Systems LT-Debt-to-Total-Asset Calculation

Clearford Water Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=42.441/13.985
=3.03

Clearford Water Systems's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )/Total Assets (Q: Sep. 2021 )
=52.188/15.672
=3.33

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 3.33 mean?
Clearford Water Systems (CLIRF) has a LT-Debt-to-Total-Asset of 3.33 as of Sep. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Clearford Water Systems and its competitors.
Is Clearford Water Systems' LT-Debt-to-Total-Asset too high?
Clearford Water Systems' current LT-Debt-to-Total-Asset is 3.33.
How does Clearford Water Systems' LT-Debt-to-Total-Asset compare to WM and RSG?
Clearford Water Systems' LT-Debt-to-Total-Asset of 3.33 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Waste Management company?
A good LT-Debt-to-Total-Asset depends on the Waste Management industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Clearford Water Systems and its competitors. Clearford Water Systems's current LT-Debt-to-Total-Asset is 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearford Water Systems stock overvalued right now?
Clearford Water Systems (CLIRF) has a current LT-Debt-to-Total-Asset of 3.33. The current LT-Debt-to-Total-Asset is 3.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Clearford Water Systems (CLIRF), the current LT-Debt-to-Total-Asset is 3.33 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clearford Water Systems Business Description

Address 515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.