DURCF (Duratec) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)

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What is Duratec 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. Duratec's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

Duratec's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.09). It may suggest that Duratec is progressively becoming more dependent on debt to grow their business.

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

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

Duratec Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.07

0.09

0.07

0.05

0.08

Duratec Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.06	0.05	0.07	0.08	0.09

Duratec LT-Debt-to-Total-Asset Calculation

Duratec's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	11.427	/	149.667
	=	0.08

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	11.611	/	127.69
	=	0.09

Duratec (OTCPK:DURCF) 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.

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

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Duratec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Duratec Ltd (OTCPK:DURCF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

H2E:Germany DUR:Australia

Address

108 Motivation Drive, Wangara, Perth, WA, AUS, 6065

Website

https://www.duratec.com.au

Duratec Ltd is an investment holding company. The company's operating segment includes Defence; Mining and Industrial; Building and Facades, Energy, and Others. It generates maximum revenue from the Defence segment. The company's services include Asset Protection; Building Refurbishment; Infrastructure Upgrades; Recladding; Durability Engineering; Specialist Access Systems; and Construction and Spatial Integration. The company operates in several sectors that have different business cycles and are geographically spread across all States and Territories in Australia.

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