RKLB (Rocket Lab USA) LT-Debt-to-Total-Asset : 0.40 (As of Sep. 2024)

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What is Rocket Lab USA 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. Rocket Lab USA's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.40.

Rocket Lab USA's long-term debt to total assets ratio increased from Sep. 2023 (0.06) to Sep. 2024 (0.40). It may suggest that Rocket Lab USA is progressively becoming more dependent on debt to grow their business.

Rocket Lab USA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rocket Lab USA'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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Rocket Lab USA LT-Debt-to-Total-Asset Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.15

0.13

0.15

0.17

Rocket Lab USA Quarterly Data
	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												0.06	0.17	0.39	0.39	0.40

Rocket Lab USA LT-Debt-to-Total-Asset Calculation

Rocket Lab USA'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 )
	=	158.924	/	941.211
	=	0.17

Rocket Lab USA'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 )
	=	458.728	/	1153.029
	=	0.40

Rocket Lab USA (NAS:RKLB) 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.

Rocket Lab USA LT-Debt-to-Total-Asset Related Terms

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Rocket Lab USA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (NAS:RKLB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6RJ:Germany

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

Executives

Alexander R Slusky	director	456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Merline Saintil	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Arjun Kampani	officer: See Remarks	C/O AEROJET ROCKETDYNE HOLDINGS, INC., 2001 AEROJET ROAD, RANCHO CORDOVA CA 95742
Adam C. Spice	officer: Chief Financial Officer	2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Jon A Olson	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Matthew Ocko	director	270 UNIVERSITY AVENUE, PALO ALTO CA 94301
Michael D Griffin	director	21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Nina Armagno	director	C/O ROCKET LAB USA, INC., 3881 MCGOWEN ST, LONG BEACH CA 90808
Peter Beck	director, 10 percent owner, officer: President, CEO and Chairman	C/O ROCKET LAB USA, INC., 3881, LONG BEACH CA 90808
Shaun O'donnell	officer: EVP - Global Operations	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Edward H. Frank	director	C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Sven Strohband	director	C/O BERKSHIRE GREY, INC., 140 SOUTH ROAD, BEDFORD MA 01730
Peek Street Equatorial Trustee Ltd	10 percent owner	123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Equatorial Trust	10 percent owner	123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Kerryn Beck	10 percent owner	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808