ENGC (ENGlobal) LT-Debt-to-Total-Asset: 0.12 (As of Sep. 2024)


ENGC ENGlobal Corp ENGC
16 GF Score
Price $0.13
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What is ENGlobal LT-Debt-to-Total-Asset?

ENGlobal ENGC -43.78% 16 LT-Debt-to-Total-Asset is 0.12 as of Sep. 2024. GuruFocus rates ENGC with a GF Score™ of 16/100.

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. ENGlobal's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

ENGlobal's long-term debt to total assets ratio declined from Sep. 2023 (0.28) to Sep. 2024 (0.12). It may suggest that ENGlobal is progressively becoming less dependent on debt to grow their business.

ENGlobal  (OTCPK:ENGC) 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.

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

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

* Premium members only.

The historical data trend for ENGlobal'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.

ENGlobal LT-Debt-to-Total-Asset Chart

ENGlobal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.11 0.12 0.24 0.34

ENGlobal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.28 0.34 0.43 0.51 0.12
ENGC
16GF Score
ENGlobal Corp ENGC
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ENGlobal LT-Debt-to-Total-Asset Calculation

ENGlobal'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 )
=6.309/18.787
=0.34

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

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=1.571/13.23
=0.12

* 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 0.12 mean?
ENGlobal (ENGC) has a LT-Debt-to-Total-Asset of 0.12 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on ENGlobal and its competitors.
Is ENGlobal's LT-Debt-to-Total-Asset too high?
ENGlobal's current LT-Debt-to-Total-Asset is 0.12. Overall, ENGlobal has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ENGlobal's LT-Debt-to-Total-Asset compare to KAST and CCAJ?
ENGlobal's LT-Debt-to-Total-Asset of 0.12 can be compared against companies in the Construction 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 Construction company?
A good LT-Debt-to-Total-Asset depends on the Construction 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 ENGlobal and its competitors. ENGlobal's current LT-Debt-to-Total-Asset is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENGlobal stock overvalued right now?
ENGlobal (ENGC) has a current LT-Debt-to-Total-Asset of 0.12. The current LT-Debt-to-Total-Asset is 0.12. ENGlobal's overall GF Score™ is 16/100. 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 ENGlobal (ENGC), the current LT-Debt-to-Total-Asset is 0.12 as of Sep. 2024. 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.

ENGlobal Business Description

Address 11740 Katy Freeway, Energy Tower 3, 11th floor, Houston, TX, USA, 77079
ENGlobal Corp engages in providing engineering and professional services to the energy industry. The company operates through two segments Commercial and Government Services. The Commercial segment derives revenue on contracts from time-and-material fees charged for professional and technical services. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems to the U.S. Government globally.
16GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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