PFTI (Puradyn Filter Technologies) LT-Debt-to-Total-Asset: 4.04 (As of Dec. 2019)


PFTI Puradyn Filter Technologies Inc PFTI
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What is Puradyn Filter Technologies LT-Debt-to-Total-Asset?

Puradyn Filter Technologies PFTI 12 LT-Debt-to-Total-Asset is 4.04 as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

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. Puradyn Filter Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 4.04.

Puradyn Filter Technologies's long-term debt to total assets ratio declined from Dec. 2018 (4.27) to Dec. 2019 (4.04). It may suggest that Puradyn Filter Technologies is progressively becoming less dependent on debt to grow their business.

Puradyn Filter Technologies  (OTCPK:PFTI) 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.

Puradyn Filter Technologies LT-Debt-to-Total-Asset Related Terms

Puradyn Filter Technologies LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies LT-Debt-to-Total-Asset Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.35 0.00 0.00 4.27 4.04

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 4.27 3.25 3.26 3.68 4.04
PFTI
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Puradyn Filter Technologies Inc PFTI
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Puradyn Filter Technologies LT-Debt-to-Total-Asset Calculation

Puradyn Filter Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )/Total Assets (A: Dec. 2019 )
=9.042/2.239
=4.04

Puradyn Filter Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )/Total Assets (Q: Dec. 2019 )
=9.042/2.239
=4.04

* 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 4.04 mean?
Puradyn Filter Technologies (PFTI) has a LT-Debt-to-Total-Asset of 4.04 as of Dec. 2019. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Puradyn Filter Technologies and its competitors.
Is Puradyn Filter Technologies' LT-Debt-to-Total-Asset too high?
Puradyn Filter Technologies' current LT-Debt-to-Total-Asset is 4.04. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puradyn Filter Technologies' LT-Debt-to-Total-Asset compare to CSHEF and FLES?
Puradyn Filter Technologies' LT-Debt-to-Total-Asset of 4.04 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts 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 Puradyn Filter Technologies and its competitors. Puradyn Filter Technologies's current LT-Debt-to-Total-Asset is 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puradyn Filter Technologies stock overvalued right now?
Puradyn Filter Technologies (PFTI) has a current LT-Debt-to-Total-Asset of 4.04. The current LT-Debt-to-Total-Asset is 4.04. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current LT-Debt-to-Total-Asset is 4.04 as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
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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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