SANM (Sanmina) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Sanmina 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. Sanmina's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Sanmina's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.06). It may suggest that Sanmina is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Sanmina'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.

* Premium members only.

Sanmina LT-Debt-to-Total-Asset Chart

Sanmina Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.07

0.06

Sanmina 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	0.07	0.06	0.06	0.06

Sanmina LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	299.823	/	4822.845
	=	0.06

Sanmina'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 )
	=	295.608	/	4812.022
	=	0.06

Sanmina (NAS:SANM) 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.

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

Thank you for viewing the detailed overview of Sanmina's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanmina Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sanmina Corp (NAS:SANM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SAYN:Germany

Address

2700 North First Street, San Jose, CA, USA, 95134

Website

https://www.sanmina.com

Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The operations are managed as two businesses: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

Executives

Hedley David V Iii	director	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Mario M Rosati	director	650 PAGE MILL RD, PALO ALTO CA 94304
Alan Mcwilliams Reid	officer: Exec VP,Global Human Resources	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Eugene A Delaney	director	1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Susan A Johnson	director	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Charlie Mason	officer: EVP, Integrated Mfg Services	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola	director, officer: Chairman and CEO	14899 GRANITE WAY, SARATOGA CA 95070
Krish A Prabhu	director
Licata Joseph G Jr	director	C/O SANMINA-SCI, 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Mythili Sankaran	director	27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes	director
Brent Billinger	officer: SVP & Corp Controller	2700 NORTH FIRST STREET, SAN JOSE CA 95134
John Goldsberry	director	C/O GATEWAY, INC, 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Kurt Adzema	officer: EVP & CFO	1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Jackie M Ward	director	SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077