FLTCF (Filtronic) LT-Debt-to-Total-Asset : 0.06 (As of Nov. 2024)

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What is Filtronic 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. Filtronic's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.06.

Filtronic's long-term debt to total assets ratio declined from Nov. 2023 (0.11) to Nov. 2024 (0.06). It may suggest that Filtronic is progressively becoming less dependent on debt to grow their business.

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

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

Filtronic Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

LT-Debt-to-Total-Asset

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0.12

0.11

0.08

0.09

0.08

Filtronic Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.11	0.08	0.06

Filtronic LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	2.681	/	31.941
	=	0.08

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

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	2.82	/	47.98
	=	0.06

Filtronic (OTCPK:FLTCF) 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.

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

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Filtronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Filtronic PLC (OTCPK:FLTCF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

FTC:UK FTI:Germany

Address

Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD

Website

https://www.filtronic.com

Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.

Filtronic Headlines

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