The Dixie Group (FRA:DX6) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is The Dixie Group 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. The Dixie Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

The Dixie Group's long-term debt to total assets ratio declined from Dec. 2023 (0.55) to Dec. 2024 (0.29). It may suggest that The Dixie Group is progressively becoming less dependent on debt to grow their business.

The Dixie Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Dixie Group'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.

The Dixie Group LT-Debt-to-Total-Asset Chart

The Dixie Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.39

0.40

0.56

0.55

0.29

The Dixie Group 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															0.55	0.53	0.54	0.55	0.29

The Dixie Group LT-Debt-to-Total-Asset Calculation

The Dixie Group'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 )
	=	48.538	/	167.958
	=	0.29

The Dixie Group'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 )
	=	48.538	/	167.958
	=	0.29

The Dixie Group (FRA:DX6) 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.

The Dixie Group LT-Debt-to-Total-Asset Related Terms

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

The Dixie Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » The Dixie Group Inc (FRA:DX6) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DXYN:USA

Address

475 Reed Road, Dalton, GA, USA, 30720

Website

https://www.thedixiegroup.com

The Dixie Group Inc is a carpet and rug mills company. Its businesses consist principally of marketing, manufacturing, and selling finished carpets, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential applications. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brands of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, and Masland Contract. The company generates revenue from Residential floor covering products and Other services.

The Dixie Group Headlines

No Headlines