Avient (FRA:PY9) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2024)

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What is Avient 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. Avient's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.37.

Avient's long-term debt to total assets ratio increased from Dec. 2023 (0.35) to Dec. 2024 (0.37). It may suggest that Avient is progressively becoming more dependent on debt to grow their business.

Avient LT-Debt-to-Total-Asset Historical Data

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

Avient Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.39

0.38

0.36

0.35

0.37

Avient 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															0.35	0.35	0.24	0.34	0.37

Avient LT-Debt-to-Total-Asset Calculation

Avient'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 )
	=	2027.274	/	5549.601
	=	0.37

Avient'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 )
	=	2027.274	/	5549.601
	=	0.37

Avient (FRA:PY9) 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.

Avient LT-Debt-to-Total-Asset Related Terms

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Avient Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avient Corp (FRA:PY9) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AVNT:USA

Address

33587 Walker Road, Avon Lake, OH, USA, 44012

Website

https://www.avient.com

Avient Corp manufactures and sells various chemical and plastic-based products to designers and plastic processors. The firm operates in two segments: Color, Additives and Inks, and Specialty Engineered Materials. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.

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