IMI (IMIAF) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is IMI 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. IMI's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

IMI's long-term debt to total assets ratio declined from Dec. 2023 (0.25) to Dec. 2024 (0.18). It may suggest that IMI is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for IMI'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.

* Premium members only.

IMI LT-Debt-to-Total-Asset Chart

IMI Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.22

0.23

0.27

0.25

0.18

IMI Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.25	0.25	0.18	0.18

IMI LT-Debt-to-Total-Asset Calculation

IMI'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 )
	=	578.129	/	3148.546
	=	0.18

IMI'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 )
	=	578.129	/	3148.546
	=	0.18

IMI (OTCPK:IMIAF) 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.

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

Thank you for viewing the detailed overview of IMI's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

IMI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMI PLC (OTCPK:IMIAF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

IMIUY:USA IMIl:UK IMI:UK IMI1:Germany IMI1:Germany

Address

Lakeside, Solihull Parkway, Birmingham Business Park, Birmingham, GBR, B37 7XZ

Website

https://www.imiplc.com

IMI PLC is engaged in designing, building, and servicing engineered products in fluid and motion control applications It develops technologies centered around valves and actuators to improve processes. It focuses on five market sectors: Process Automation, Industrial Automation, Life Science and Fluid Control, Climate Control, and Transport. Solutions can help with power generation in nuclear power plants, fuel delivery, or provide heating and cooling systems to various buildings. Customers work in energy, transportation, infrastructure, and other industrial sectors. It operates a service network to provide maintenance and repairs. Geographic Revenue based on Europe, the Americas, Asia Pacific, and the Middle East and Africa.