5N Plus (5N Plus) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

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What is 5N Plus 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. 5N Plus's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

5N Plus's long-term debt to total assets ratio declined from Dec. 2022 (0.43) to Dec. 2023 (0.32). It may suggest that 5N Plus is progressively becoming less dependent on debt to grow their business.

5N Plus LT-Debt-to-Total-Asset Historical Data

The historical data trend for 5N Plus'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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5N Plus LT-Debt-to-Total-Asset Chart

5N Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.26

0.24

0.39

0.43

0.32

5N Plus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.36	0.34	0.33	0.32

5N Plus LT-Debt-to-Total-Asset Calculation

5N Plus'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 )
	=	111.828	/	350.202
	=	0.32

5N Plus's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	111.828	/	350.202
	=	0.32

5N Plus (OTCPK:FPLSF) 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.

5N Plus LT-Debt-to-Total-Asset Related Terms

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5N Plus (5N Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » 5N Plus Inc (OTCPK:FPLSF) » Definitions » LT-Debt-to-Total-Asset

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VNP:Canada

Address

4385 Garand Street, Saint-Laurent, Montreal, QC, CAN, H4R 2B4

Website

https://www.5nplus.com

5N Plus Inc is a Canadian-based company producing specialty semiconductors and performance materials. The company operates in two segments Specialty Semiconductors and Performance Materials. The Specialty Semiconductors segment manufactures and sells products used in several applications such as renewable energy, space satellites and imaging. The Performance Materials segment manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial-grade metals, alloys, and engineered powders. The maximum revenue is derived from the Performance Materials segment.