Parsons (FRA:59P) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

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What is Parsons 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. Parsons's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

Parsons's long-term debt to total assets ratio declined from Dec. 2023 (0.18) to Dec. 2024 (0.17). It may suggest that Parsons is progressively becoming less dependent on debt to grow their business.

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

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

Parsons Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.18

0.19

0.20

0.18

0.17

Parsons 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															0.18	0.27	0.26	0.23	0.17

Parsons LT-Debt-to-Total-Asset Calculation

Parsons'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 )
	=	864.201	/	5241.004
	=	0.16

Parsons'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 )
	=	864.201	/	5241.004
	=	0.16

Parsons (FRA:59P) 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.

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

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Parsons Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Parsons Corp (FRA:59P) » Definitions » LT-Debt-to-Total-Asset

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PSN:USA 59P:Germany

Address

14291 Park Meadow Drive, Suite 100, Chantilly, VA, USA, 20151

Website

https://www.parsons.com

Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

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