Federal Signal (FRA:FSG) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Federal Signal 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. Federal Signal's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Federal Signal's long-term debt to total assets ratio declined from Sep. 2023 (0.23) to Sep. 2024 (0.14). It may suggest that Federal Signal is progressively becoming less dependent on debt to grow their business.

Federal Signal LT-Debt-to-Total-Asset Historical Data

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

Federal Signal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.21

0.19

0.22

0.25

0.19

Federal Signal Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.19	0.17	0.16	0.14

Federal Signal LT-Debt-to-Total-Asset Calculation

Federal Signal'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 )
	=	283.536	/	1485.998
	=	0.19

Federal Signal's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	219.844	/	1561.974
	=	0.14

Federal Signal (FRA:FSG) 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.

Federal Signal LT-Debt-to-Total-Asset Related Terms

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Federal Signal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Federal Signal Corp (FRA:FSG) » Definitions » LT-Debt-to-Total-Asset

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FSS:USA

Address

1415 West 22nd Street, Suite 1100, Oak Brook, IL, USA, 60523

Website

https://www.federalsignal.com

Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental Solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.