FTS International (FRA:FT5) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2021)

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What is FTS International 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. FTS International's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.01.

FTS International's long-term debt to total assets ratio declined from Sep. 2020 (0.01) to Sep. 2021 (0.01). It may suggest that FTS International is progressively becoming less dependent on debt to grow their business.

FTS International LT-Debt-to-Total-Asset Historical Data

The historical data trend for FTS International'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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FTS International LT-Debt-to-Total-Asset Chart

FTS International Annual Data

Trend

Dec08

Dec09

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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1.93

1.34

0.68

0.74

0.01

FTS International Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

FTS International LT-Debt-to-Total-Asset Calculation

FTS International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	2.713	/	258.93
	=

FTS International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )	/	Total Assets (Q: Sep. 2021 )
	=	1.615	/	276.165
	=	0.01

FTS International (FRA:FT5) 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.

FTS International LT-Debt-to-Total-Asset Related Terms

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FTS International (FRA:FT5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FTS International Inc (FRA:FT5) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Main Street, Suite 2900, Fort Worth, TX, USA, 76102

Website

https://www.ftsi.com

FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.

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