RFM (PHS:RFM) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is RFM 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. RFM's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

RFM's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that RFM is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for RFM'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.

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RFM LT-Debt-to-Total-Asset Chart

RFM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

RFM Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

RFM LT-Debt-to-Total-Asset Calculation

RFM'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 )
	=	225.004	/	23007.985
	=	0.01

RFM's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	111	/	23457
	=	0.00

RFM (PHS:RFM) 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.

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

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RFM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RFM Corp (PHS:RFM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pioneer Corner, Sheridan Streets, RFM Corporate Center, Metro Manila, Mandaluyong, PHL, 1550

Website

https://www.rfmfoods.com

RFM Corp is engaged in the food and beverage industry. Its activities include processing and manufacturing flour, bread, and flour-based products like pasta and cake mixes, sauces, milk, juice drinks, and ice cream. Its operating segment is the Institutional segment and the Consumer segment. It is also involved in non-food businesses, which include barging services (Rizal Lighterage Corporation) and leasing of commercial/office spaces. The majority of its revenue derives from the Consumer segment, which manufactures and sells ice cream, milk and juices, pasta products, and flour and rice-based mixes.

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