PCYO (Pure Cycle) LT-Debt-to-Total-Asset: 0.04 (As of Feb. 2026)

What is Pure Cycle LT-Debt-to-Total-Asset?

Pure Cycle PCYO -1.74% 74 LT-Debt-to-Total-Asset is 0.04 as of Feb. 2026. GuruFocus rates PCYO with a GF Score™ of 74/100 and a GF Value™ of $14.11 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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. Pure Cycle's long-term debt to total assests ratio for the quarter that ended in Feb. 2026 was 0.04.

Pure Cycle's long-term debt to total assets ratio declined from Feb. 2025 (0.05) to Feb. 2026 (0.04). It may suggest that Pure Cycle is progressively becoming less dependent on debt to grow their business.

Pure Cycle (NAS:PCYO) 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.

Pure Cycle LT-Debt-to-Total-Asset Related Terms

Pure Cycle LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Pure Cycle'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.

Pure Cycle LT-Debt-to-Total-Asset Chart

Pure Cycle Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Aug25

LT-Debt-to-Total-Asset

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0.00

0.03

0.05

0.04

Pure Cycle Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.05	0.04

74GF Score

Pure Cycle Corp PCYO

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Pure Cycle LT-Debt-to-Total-Asset Calculation

Pure Cycle's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as

LT Debt to Total Assets (A: Aug. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2025 )	/	Total Assets (A: Aug. 2025 )
	=	6.381	/	162.279
	=	0.04

Pure Cycle's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (Q: Feb. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2026 )	/	Total Assets (Q: Feb. 2026 )
	=	6.478	/	166.636
	=	0.04

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.04 mean?

Pure Cycle (PCYO) has a LT-Debt-to-Total-Asset of 0.04 as of Feb. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pure Cycle and its competitors.

Is Pure Cycle's LT-Debt-to-Total-Asset too high?

Pure Cycle's current LT-Debt-to-Total-Asset is 0.04. Overall, Pure Cycle has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Pure Cycle's LT-Debt-to-Total-Asset compare to CDZI and GWRS?

Pure Cycle's LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?

A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated 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 Pure Cycle and its competitors. Pure Cycle's current LT-Debt-to-Total-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pure Cycle stock overvalued right now?

Based on GuruFocus' analysis, Pure Cycle (PCYO) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.11, compared to a current price of $10.71 — trading 24.1% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.04. Pure Cycle's overall GF Score™ is 74/100 with 3 warning signs to review. 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 Pure Cycle (PCYO), the current LT-Debt-to-Total-Asset is 0.04 as of Feb. 2026. 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.

Is Pure Cycle (PCYO) Overvalued in 2026?

Based on GuruFocus' analysis, Pure Cycle stock appears to be undervalued. The current stock price of $10.71 is trading 24.1% below its estimated GF Value™ of $14.11. GuruFocus considers Pure Cycle to be Modestly Undervalued.

Key valuation signals for PCYO:

LT-Debt-to-Total-Asset: 0.04
GF Value™: $14.11 vs. price of $10.71 (24.1% below fair value)
GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the PCYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pure Cycle Business Description

Industry Utilities Utilities - Regulated

Comparable Companies CDZI GWRS ARTNA CWCO YORW CETI MSEX AWK BSP:SBSP3 LSE:UU.LSE:SVT WTRG HKSE:00270 DFM:EMPOWER BSP:CSMG3 SHSE:600323 AWR LSE:PNN CWT HKSE:00371

Address 34501 E. Quincy Avenue, Building 1, Suite D, Watkins, CO, USA, 80137

Website https://www.purecyclewater.com

Pure Cycle Corp is a diversified land and water resource development company. The company designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in three business segments namely Water and wastewater resource development, Land development, and the Single-Family Rental Segment. It generates maximum revenue from the Land development segment. The land resource development segment includes all the activities necessary to develop and sell finished lots.

74GF Score

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$10.71

Price

$14.11

GF Value

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