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Synnex LT-Debt-to-Total-Asset

: 0.19 (As of Nov. 2020)
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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. Synnex's long-term debt to total assests ratio for the quarter that ended in Nov. 2020 was 0.19.

Synnex's long-term debt to total assets ratio declined from Nov. 2019 (0.23) to Nov. 2020 (0.19). It may suggest that Synnex is progressively becoming less dependent on debt to grow their business.


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

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Synnex Annual Data
Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.15 0.23 0.23 0.19

Synnex Quarterly Data
Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20
LT-Debt-to-Total-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.23 0.23 0.21 0.20 0.19

Synnex LT-Debt-to-Total-Asset Calculation

Synnex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2020 is calculated as

LT Debt to Total Assets (A: Nov. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2020 )/Total Assets (A: Nov. 2020 )
=2608.062/13468.59
=0.19

Synnex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2020 is calculated as

LT Debt to Total Assets (Q: Nov. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2020 )/Total Assets (Q: Nov. 2020 )
=2608.062/13468.59
=0.19

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Synnex  (NYSE:SNX) 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.


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


Synnex LT-Debt-to-Total-Asset Headlines

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