MICR (Micron Solutions) LT-Debt-to-Total-Asset: 0.25 (As of Mar. 2023)


MICR Micron Solutions Inc MICR
16 GF Score
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What is Micron Solutions LT-Debt-to-Total-Asset?

Micron Solutions MICR 16 LT-Debt-to-Total-Asset is 0.25 as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

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. Micron Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.25.

Micron Solutions's long-term debt to total assets ratio declined from Mar. 2022 (0.27) to Mar. 2023 (0.25). It may suggest that Micron Solutions is progressively becoming less dependent on debt to grow their business.

Micron Solutions  (OTCPK:MICR) 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.

Micron Solutions LT-Debt-to-Total-Asset Related Terms

Micron Solutions LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Micron Solutions'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.

Micron Solutions LT-Debt-to-Total-Asset Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.05 0.05 0.28 0.25

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.27 0.25 0.25 0.25
MICR
16GF Score
Micron Solutions Inc MICR
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Solutions LT-Debt-to-Total-Asset Calculation

Micron Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=2.966/11.946
=0.25

Micron Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )/Total Assets (Q: Mar. 2023 )
=2.88/11.504
=0.25

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.25 mean?
Micron Solutions (MICR) has a LT-Debt-to-Total-Asset of 0.25 as of Mar. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Micron Solutions and its competitors.
Is Micron Solutions' LT-Debt-to-Total-Asset too high?
Micron Solutions' current LT-Debt-to-Total-Asset is 0.25. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Micron Solutions' LT-Debt-to-Total-Asset compare to AIMD and RSLS?
Micron Solutions' LT-Debt-to-Total-Asset of 0.25 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Medical Devices & Instruments company?
A good LT-Debt-to-Total-Asset depends on the Medical Devices & Instruments industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Micron Solutions and its competitors. Micron Solutions's current LT-Debt-to-Total-Asset is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Solutions stock overvalued right now?
Micron Solutions (MICR) has a current LT-Debt-to-Total-Asset of 0.25. The current LT-Debt-to-Total-Asset is 0.25. Micron Solutions' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Micron Solutions (MICR), the current LT-Debt-to-Total-Asset is 0.25 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Micron Solutions Business Description

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
16GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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