Sigmatron International (FRA:SG3) LT-Debt-to-Total-Asset : 0.36 (As of Jan. 2024)

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What is Sigmatron 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. Sigmatron International's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.36.

Sigmatron International's long-term debt to total assets ratio increased from Jan. 2023 (0.04) to Jan. 2024 (0.36). It may suggest that Sigmatron International is progressively becoming more dependent on debt to grow their business.

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

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

Sigmatron International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.28

0.26

0.24

0.18

Sigmatron International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.18	0.18	0.35	0.36

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

Sigmatron International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	43.647	/	244.988
	=	0.18

Sigmatron International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	81.241	/	223.571
	=	0.36

Sigmatron International (FRA:SG3) 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.

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Sigmatron International (FRA:SG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sigmatron International Inc (FRA:SG3) » Definitions » LT-Debt-to-Total-Asset

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SGMA:USA

Address

2201 Landmeier Road, Elk Grove Village, IL, USA, 60007

Website

https://www.sigmatronintl.com

Sigmatron International Inc is an independent provider of electronic manufacturing services (EMS). It provides printed circuit board assemblies and completely assembled electronic products. In addition, it also provides automatic and manual assembly and testing of products; material sourcing and procurement; manufacturing and test engineering support; warehousing and distribution services. The company primarily serves the industrial electronics, consumer electronics, and medical sciences industries. It has two reportable segments as an independent provider of electronic manufacturing services ("EMS") and as a provider of products to pet technology ("Pet Tech"). Geographically, it derives a majority of its revenue from Mexico and also has a presence in China and Vietnam.

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