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

Seri Industrial (MIL:SERI) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

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 Jun. 2024 was 0.12.

Seri Industrial's long-term debt to total assets ratio declined from Jun. 2023 (0.19) to Jun. 2024 (0.12). 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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.19 0.11 0.19 0.14

Seri Industrial 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 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 0.19 0.19 0.19 0.14 0.12

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 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 )
=54.656/440.297
=0.12

* 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.


Seri Industrial  (MIL:SERI) 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

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


Seri Industrial Business Description

Traded in Other Exchanges
Address
via Provinciale per Gioia Sannitica, San Potito Sannitico, Caserta, ITA, 81016
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.

Seri Industrial Headlines

No Headlines