SPIE (LTS:0R8M) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2024)

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What is SPIE 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. SPIE's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.21.

SPIE's long-term debt to total assets ratio increased from Jun. 2023 (0.21) to Jun. 2024 (0.21). It may suggest that SPIE is progressively becoming more dependent on debt to grow their business.

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

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

SPIE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.24

0.23

0.21

SPIE Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.23	0.21	0.21	0.21

SPIE LT-Debt-to-Total-Asset Calculation

SPIE'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 )
	=	1952.161	/	9150.452
	=	0.21

SPIE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2010.2	/	9616.2
	=	0.21

SPIE (LTS:0R8M) 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.

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

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SPIE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SPIE SA (LTS:0R8M) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SPIEp:UK SPIE:France 4SP:Germany

Address

10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863

Website

https://www.spie.com

SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around four operating segments: France, North-Western Europe, Germany and Central Europe, Oil and Gas and Nuclear. The majority of its revenue is derived from the Germany and Central Europe segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.

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