Seri Industrial (LTS:0Q98) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

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What is Seri Industrial 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. Seri Industrial's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Seri Industrial's long-term debt to total assets ratio declined from Dec. 2022 (0.19) to Dec. 2023 (0.14). It may suggest that Seri Industrial is progressively becoming less dependent on debt to grow their business.

Seri Industrial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Seri Industrial'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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Seri Industrial LT-Debt-to-Total-Asset Chart

Seri Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.19

0.11

0.19

0.14

Seri Industrial Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.19	0.19	0.19	0.14

Seri Industrial LT-Debt-to-Total-Asset Calculation

Seri Industrial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	63.777	/	442.955
	=	0.14

Seri Industrial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	63.777	/	442.955
	=	0.14

Seri Industrial (LTS:0Q98) 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.

Seri Industrial LT-Debt-to-Total-Asset Related Terms

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Seri Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Seri Industrial (LTS:0Q98) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SERI:Italy PCHP:Germany

Address

via Provinciale per Gioia Sannitica, San Potito Sannitico, Caserta, ITA, 81016

Website

https://www.seri-industrial.it

Seri Industrial is a financial holding company. It researches, markets and designs the production of energy from renewable sources including wind and solar power. The company offers lead and lithium batteries for traction, stationary, and automotive applications. It also produces lids, boxes, and accessories for industrial, traction, and stationary batteries, as well as for the automotive sector.

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