Smartnd (FRA:1SD) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Smartnd 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. Smartnd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Smartnd's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.07). It may suggest that Smartnd is progressively becoming more dependent on debt to grow their business.

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

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

Smartnd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.10

0.08

0.05

0.07

Smartnd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.07	0.07	0.07

Smartnd LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	22.553	/	326.176
	=	0.07

Smartnd'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 )
	=	22.553	/	326.176
	=	0.07

Smartnd (FRA:1SD) 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.

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

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Smartnd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Smart Sand Inc (FRA:1SD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SND:USA 1SD:Germany

Address

1000 Floral Vale Boulevard, Suite 225, Yardley, PA, USA, 19067

Website

https://www.smartsand.com

Smart Sand Inc. is a fully integrated frac sand company providing mine-to-well site proppant supply and logistics. It produces Northern White frac sand for enhanced hydrocarbon recovery in oil and gas wells. The company offers products like Smart System, SmartBelt, SmartDepot Silo, and SmartPath Loader. It is expanding into industrial markets, including glass, ceramics, and renewable energy, while its main revenue comes from sand sales and logistics.

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