PTEEF (Plaintree Systems) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Plaintree Systems 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. Plaintree Systems's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Plaintree Systems's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.13). It may suggest that Plaintree Systems is progressively becoming more dependent on debt to grow their business.

Plaintree Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for Plaintree Systems'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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Plaintree Systems LT-Debt-to-Total-Asset Chart

Plaintree Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.17

0.10

0.13

0.08

0.19

Plaintree Systems Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.19	0.15	0.12	0.13

Plaintree Systems LT-Debt-to-Total-Asset Calculation

Plaintree Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	2.069	/	11.07
	=	0.19

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.364	/	10.178
	=	0.13

Plaintree Systems (OTCPK:PTEEF) 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.

Plaintree Systems LT-Debt-to-Total-Asset Related Terms

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Plaintree Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Plaintree Systems Inc (OTCPK:PTEEF) » Definitions » LT-Debt-to-Total-Asset

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NPT:Canada

Address

10 Didak Drive, Arnprior, ON, CAN, K7S 0C3

Website

https://www.plaintree.com

Plaintree Systems Inc. is a diversified company with proprietary technology and manufacturing capabilities in structural design, aerospace, and telecommunications. The company's operating segment includes Applied Electronics and Specialty Structures. It generates maximum revenue from the Specialty Structures segment. Geographically, it derives a majority of its revenue from the United States.