Stran (FRA:S9H) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Stran 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. Stran's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Stran's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that Stran is progressively becoming more dependent on debt to grow their business.

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

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

Stran Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.11

0.14

0.02

0.01

Stran Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.01	0.01	0.01	0.01	0.01

Stran LT-Debt-to-Total-Asset Calculation

Stran'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 )
	=	0.732	/	56.489
	=	0.01

Stran's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.732	/	56.489
	=	0.01

Stran (FRA:S9H) 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.

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

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Stran (FRA:S9H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stran & Co Inc (FRA:S9H) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SWAG:USA

Address

2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171

Website

https://www.stran.com

Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.

Stran (FRA:S9H) Headlines

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