TechnipFMC (FRA:1T1) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is TechnipFMC 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. TechnipFMC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

TechnipFMC's long-term debt to total assets ratio declined from Sep. 2023 (0.18) to Sep. 2024 (0.15). It may suggest that TechnipFMC is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for TechnipFMC'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.

* Premium members only.

TechnipFMC LT-Debt-to-Total-Asset Chart

TechnipFMC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

0.18

0.24

0.18

0.17

TechnipFMC 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															0.18	0.17	0.17	0.15	0.15

TechnipFMC LT-Debt-to-Total-Asset Calculation

TechnipFMC'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 )
	=	1530.473	/	8855.102
	=	0.17

TechnipFMC'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 )
	=	1275.275	/	8758.441
	=	0.15

TechnipFMC (FRA:1T1) 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.

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

Thank you for viewing the detailed overview of TechnipFMC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

TechnipFMC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (FRA:1T1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FTI:USA 1T1:Germany T1EC34:Brazil FTI:Austria

Address

One Subsea Lane, Houston, TX, USA, 77044

Website

https://www.technipfmc.com

TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

TechnipFMC Headlines

No Headlines