Radius Recycling (FRA:SS1A) LT-Debt-to-Total-Asset : 0.37 (As of Feb. 2025)

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What is Radius Recycling 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. Radius Recycling's long-term debt to total assests ratio for the quarter that ended in Feb. 2025 was 0.37.

Radius Recycling's long-term debt to total assets ratio increased from Feb. 2024 (0.27) to Feb. 2025 (0.37). It may suggest that Radius Recycling is progressively becoming more dependent on debt to grow their business.

Radius Recycling LT-Debt-to-Total-Asset Historical Data

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

Radius Recycling Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.19

0.12

0.19

0.20

0.34

Radius Recycling Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.33	0.34	0.37	0.37

Radius Recycling LT-Debt-to-Total-Asset Calculation

Radius Recycling's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	465.588	/	1391.128
	=	0.33

Radius Recycling's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (Q: Feb. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2025 )	/	Total Assets (Q: Feb. 2025 )
	=	513.814	/	1399.856
	=	0.37

Radius Recycling (FRA:SS1A) 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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Radius Recycling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Radius Recycling Inc (FRA:SS1A) » Definitions » LT-Debt-to-Total-Asset

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RDUS:USA

Address

299 SW Clay Street, Suite 400, Portland, OR, USA, 97201

Website

https://www.radiusrecycling.com

Radius Recycling Inc is a North American Based company which is involved in recycling of ferrous and nonferrous metal, including end-of-life vehicles, and a manufacturer of finished steel products. As a vertically integrated organization, it offers products and services to meet world-wide demand through the network that includes fifty retail self-service auto parts stores, fifty four metals recycling facilities, and an electric arc furnace steel mill.

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