Westinghouse Air Brake Technologies (FRA:WB2) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is Westinghouse Air Brake Technologies 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. Westinghouse Air Brake Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Westinghouse Air Brake Technologies's long-term debt to total assets ratio increased from Dec. 2023 (0.17) to Dec. 2024 (0.19). It may suggest that Westinghouse Air Brake Technologies is progressively becoming more dependent on debt to grow their business.

Westinghouse Air Brake Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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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Westinghouse Air Brake Technologies LT-Debt-to-Total-Asset Chart

Westinghouse Air Brake Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.22

0.20

0.17

0.19

Westinghouse Air Brake Technologies 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															0.17	0.21	0.19	0.19	0.19

Westinghouse Air Brake Technologies LT-Debt-to-Total-Asset Calculation

Westinghouse Air Brake Technologies'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 )
	=	3323.4	/	17860.41
	=	0.19

Westinghouse Air Brake Technologies'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 )
	=	3323.4	/	17860.41
	=	0.19

Westinghouse Air Brake Technologies (FRA:WB2) 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.

Westinghouse Air Brake Technologies LT-Debt-to-Total-Asset Related Terms

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Westinghouse Air Brake Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westinghouse Air Brake Technologies Corp (FRA:WB2) » Definitions » LT-Debt-to-Total-Asset

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Address

30 Isabella Street, Pittsburgh, PA, USA, 15212

Website

https://www.wabteccorp.com

Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.

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