UL Solutions (FRA:72R) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

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What is UL 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. UL Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

UL Solutions's long-term debt to total assets ratio declined from Dec. 2023 (0.37) to Dec. 2024 (0.30). It may suggest that UL Solutions is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for UL 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.

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

UL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.23

0.37

0.30

UL Solutions Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.37	0.35	0.33	0.32	0.30

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

UL Solutions'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 )
	=	808.885	/	2674
	=	0.30

UL Solutions'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 )
	=	808.885	/	2674
	=	0.30

UL Solutions (FRA:72R) 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.

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

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UL Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » UL Solutions Inc (FRA:72R) » Definitions » LT-Debt-to-Total-Asset

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ULS:USA

Address

333 Pfingsten Road, Northbrook, IL, USA, 60062

Website

https://www.ul.com

UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.

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