GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » StandardAero Inc (NYSE:SARO) » Definitions » LT-Debt-to-Total-Asset

SARO (StandardAero) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is StandardAero 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. StandardAero's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

StandardAero's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Dec. 2024 (0.38). It may suggest that StandardAero is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for StandardAero'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.

StandardAero LT-Debt-to-Total-Asset Chart

StandardAero Annual Data
Trend Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
- 0.58 0.58 0.38

StandardAero Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.58 0.59 0.59 0.38

StandardAero LT-Debt-to-Total-Asset Calculation

StandardAero'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 )
=2372.201/6213.601
=0.38

StandardAero'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 )
=2372.201/6213.601
=0.38

* 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.

StandardAero  (NYSE:SARO) 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.

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

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

StandardAero Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » StandardAero Inc (NYSE:SARO) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
BWXT DRS RKLB HII WWD CW LOAR MOG.A TXT KTOS GE RTX XPAR:AIR BA XPAR:SAF LMT LSE:RR. TDG NOC GD
Traded in Other Exchanges
N/A
Address
6710 North Scottsdale Road, Suite 250, Scottsdale, AZ, USA, 85253
Website
https://www.standardaero.com
StandardAero Inc is a provider of aftermarket services for fixed and rotary wing aircraft gas turbine engines and auxiliary power units (APUs) to the commercial, business, and military aircraft markets. It also provides aftermarket and upgrade services for business aviation and helicopter airframes and avionics. It operates in two segments Engine Services and Component Repair Services. The group generates the majority of its revenue from the Engine Services segment which provides engine and airframe maintenance, repair, overhaul, and related services to customers in the Commercial Aerospace, Military & Helicopter, and Business Aviation end markets.