GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » LT-Debt-to-Total-Asset

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is South Dakota Soybean Processors LLC 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. South Dakota Soybean Processors LLC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

South Dakota Soybean Processors LLC's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.05). It may suggest that South Dakota Soybean Processors LLC is progressively becoming less dependent on debt to grow their business.

South Dakota Soybean Processors LLC LT-Debt-to-Total-Asset Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC LT-Debt-to-Total-Asset Chart

South Dakota Soybean Processors LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.08 0.08 0.05

South Dakota Soybean Processors LLC Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.10 0.10 0.09 0.05

South Dakota Soybean Processors LLC LT-Debt-to-Total-Asset Calculation

South Dakota Soybean Processors LLC'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 )
=22.828/424.741
=0.05

South Dakota Soybean Processors LLC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=22.828/424.741
=0.05

* 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.

South Dakota Soybean Processors LLC  (OTCPK:SDSYA) 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.

South Dakota Soybean Processors LLC LT-Debt-to-Total-Asset Related Terms

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

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SKSDF RSSFF NWGFF TURV HMPPF YEWB GLGLF CMCI ABAC NNUTU SHMP SEED EYTH ACMB SIAF CMGHF VFFIF SANW INPCF YNKUF
Traded in Other Exchanges
N/A
Address
100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071
Website
https://www.sdsbp.com
South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Headlines

No Headlines