Fountaine Pajot (FRA:65T) LT-Debt-to-Total-Asset : 0.08 (As of Aug. 2024)

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What is Fountaine Pajot 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. Fountaine Pajot's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.08.

Fountaine Pajot's long-term debt to total assets ratio declined from Aug. 2023 (0.09) to Aug. 2024 (0.08). It may suggest that Fountaine Pajot is progressively becoming less dependent on debt to grow their business.

Fountaine Pajot LT-Debt-to-Total-Asset Historical Data

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

Fountaine Pajot Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.18

0.04

0.11

0.09

0.08

Fountaine Pajot Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.07	0.09	0.06	0.08

Fountaine Pajot LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	24.355	/	305.686
	=	0.08

Fountaine Pajot's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	24.355	/	305.686
	=	0.08

Fountaine Pajot (FRA:65T) 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.

Fountaine Pajot LT-Debt-to-Total-Asset Related Terms

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Fountaine Pajot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fountaine Pajot SA (FRA:65T) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALFPC:France

Address

Zone Industrielle du Fief Girard, Aigrefeuille d'Aunis, FRA, 17290

Website

http://www.fountaine-pajot.com

Fountaine Pajot SA is a France-based company engaged in designing and building boats. The company is into the manufacturing and selling of catamarans and Motor Yachts.

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