FLSmidth AS (LTS:0OJA) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is FLSmidth AS 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. FLSmidth AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

FLSmidth AS's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.06). It may suggest that FLSmidth AS is progressively becoming less dependent on debt to grow their business.

FLSmidth AS LT-Debt-to-Total-Asset Historical Data

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

FLSmidth AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.04

0.07

0.06

FLSmidth AS 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															0.07	0.08	0.09	0.08	0.06

FLSmidth AS LT-Debt-to-Total-Asset Calculation

FLSmidth AS'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 )
	=	1641	/	26935
	=	0.06

FLSmidth AS'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 )
	=	1641	/	26935
	=	0.06

FLSmidth AS (LTS:0OJA) 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.

FLSmidth AS LT-Debt-to-Total-Asset Related Terms

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FLSmidth AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FLSmidth & Co AS (LTS:0OJA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FLSc:UK FLS:Denmark F6O1:Germany

Address

Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500

Website

https://www.flsmidth.com

FLSmidth & Co AS is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provides services along with the construction. The company's three segments are mining and cement and Non-Core activities. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the majority of revenue, mainly due to mining.

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