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Finisar Corp  (NAS:FNSR) LT-Debt-to-Total-Asset: 0.28 (As of Jul. 2017)

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. Finisar Corp's long-term debt to total assests ratio for the quarter that ended in Jul. 2017 was 0.28.

Finisar Corp's long-term debt to total assets ratio increased from Jul. 2016 (0.14) to Jul. 2017 (0.28). It may suggest that Finisar Corp is progressively becoming more dependent on debt to grow their business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Finisar Corp Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.14 0.14 0.14 0.28

Finisar Corp Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
LT-Debt-to-Total-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.29 0.28 0.28

Calculation

Finisar Corp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2017 is calculated as

LT Debt to Total Assets (A: Apr. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2017 )/Total Assets (A: Apr. 2017 )
=707.782/2539.882
=0.28

Finisar Corp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2017 is calculated as

LT Debt to Total Assets (Q: Jul. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2017 )/Total Assets (Q: Jul. 2017 )
=715.722/2596.063
=0.28

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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