Syensqo (FRA:2NF) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Syensqo 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. Syensqo's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Syensqo's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.14). It may suggest that Syensqo is progressively becoming more dependent on debt to grow their business.

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

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

Syensqo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.18

0.17

0.14

0.17

Syensqo Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						-	0.17	0.17	0.14	0.14

Syensqo LT-Debt-to-Total-Asset Calculation

Syensqo'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 )
	=	2159	/	12894
	=	0.17

Syensqo'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 )
	=	1741	/	12150
	=	0.14

Syensqo (FRA:2NF) 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.

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

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Syensqo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Syensqo SA (FRA:2NF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

SHBBF:USA SYENSb:UK SYENS:Belgium

Address

Rue de la fusee 98, Brussels, BEL, 1130

Website

https://www.syensqo.com

Syensqo is a spinoff of Solvay, a Belgium-based producer of essential and specialty chemicals, founded in 1863. The demerger was undertaken in 2022 and encompasses Solvay's specialty chemicals and materials business units. Syensqo is a leading manufacturer of high-performance materials and specialty surfactants that operates through two main segments. The materials segment (60% of sales) includes specialty polymers and composite materials mainly for applications in autos, aerospace, and electronics. Consumer and resources (40% of sales) include Novecare, technology solutions, aroma performance, and oil and gas, and serves consumer goods end markets. Geographical exposure is well balanced with North America and the Asia-Pacific each contributing around 40% of sales and the rest from Europe.

Syensqo Headlines

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