Perimeter Solutions (FRA:6OL) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Perimeter Solutions 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. Perimeter Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.30.

Perimeter Solutions's long-term debt to total assets ratio increased from Dec. 2022 (0.28) to Dec. 2023 (0.30). It may suggest that Perimeter Solutions is progressively becoming more dependent on debt to grow their business.

Perimeter Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Perimeter Solutions'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.

Perimeter Solutions LT-Debt-to-Total-Asset Chart

Perimeter Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.63

0.60

0.26

0.28

0.30

Perimeter Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.28	0.28	0.29	0.29	0.30

Perimeter Solutions LT-Debt-to-Total-Asset Calculation

Perimeter Solutions'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 )
	=	629.932	/	2123.242
	=	0.30

Perimeter Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	629.932	/	2123.242
	=	0.30

Perimeter Solutions (FRA:6OL) 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.

Perimeter Solutions LT-Debt-to-Total-Asset Related Terms

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

Perimeter Solutions (FRA:6OL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Perimeter Solutions SA (FRA:6OL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PRM:USA

Address

12E Rue Guillaume Kroll, Grand Duchy of Luxembourg, LUX, L-1882

Website

https://www.perimeter-solutions.com

Perimeter Solutions SA is a global manufacturer of firefighting products and lubricant additives. The company operates in two business segments namely Fire Safety and Specialty Products. Geographically, the company generates majority of the revenue from United States.

Perimeter Solutions (FRA:6OL) Headlines

No Headlines