QRHC (Quest Resource Holding) LT-Debt-to-Total-Asset : 0.44 (As of Dec. 2024)

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What is Quest Resource Holding 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. Quest Resource Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.44.

Quest Resource Holding's long-term debt to total assets ratio increased from Dec. 2023 (0.37) to Dec. 2024 (0.44). It may suggest that Quest Resource Holding is progressively becoming more dependent on debt to grow their business.

Quest Resource Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Quest Resource Holding'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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Quest Resource Holding LT-Debt-to-Total-Asset Chart

Quest Resource Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.36

0.40

0.37

0.44

Quest Resource Holding 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															0.37	0.38	0.40	0.41	0.44

Quest Resource Holding LT-Debt-to-Total-Asset Calculation

Quest Resource Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	77.098	/	175.645
	=	0.44

Quest Resource Holding'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 )
	=	77.098	/	175.645
	=	0.44

Quest Resource Holding (NAS:QRHC) 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.

Quest Resource Holding LT-Debt-to-Total-Asset Related Terms

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Quest Resource Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Quest Resource Holding Corp (NAS:QRHC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3481 Plano Parkway, Suite 100, The Colony, TX, USA, 75056

Website

https://investors.qrhc.com

Quest Resource Holding Corp is a national provider of waste and recycling services to customers from across multiple industry sectors that are typically larger, multi-location businesses. The company creates customer-specific programs and perform the related services for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. The company's services focus on the waste streams and recyclables from box, grocers, and other specialty retailers; automotive after-market operations such as automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and fleet operators; manufacturing and industrial facilities; multi-family and commercial properties; restaurant chains and food operations, etc.

Executives

Daniel M. Friedberg	director, 10 percent owner	C/O SAGARD CAPITAL, 325 GREENWICH AVENUE, GREENWICH CT 06830
Audrey Dunning	director	242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
Stephen A Nolan	director	HUDSON GLOBAL, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
S. Ray Hatch	director, officer: President and CEO	3481 PLANO PARKWAY, THE COLONY TX 75056
Glenn Culpepper	director	6363 S FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Brett Wade Johnston	officer: Sr. VP of Finance and CFO	C/O QUEST RESOURCE HOLDING CORPORATION, 3481 PLANO PARKWAY, THE COLONY TX 75056
David P Sweitzer	officer: EVP and COO	3481 PLANO PARKWAY, THE COLONY TX 75056
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Miller Ronald L. Jr.	director	C/O INFINITY RESOURCES HOLDINGS CORP., 1375 NORTH SCOTTSDALE ROAD, SUITE 140, SCOTTSDALE AZ 85257
Alan D. Allred	officer: See Remarks	C/O QUEST RESOURCE HOLDING CORPORATION, 3481 PLANO PARKWAY, THE COLONY TX 75056
Laurie L Latham	officer: Senior VP and CFO	C/O VIEWCAST COM, 2665 VILLA CREEK DRIVE, DALLAS TX 75234
Barry M Kitt	10 percent owner
Stephen Coskery	officer: See Remarks	C/O QUEST RESOURCE HOLDING CORPORATION, 3481 PLANO PARKWAY, THE COLONY TX 75056
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123