SPEC (Spectaire Holdings) LT-Debt-to-Total-Asset: 0.12 (As of Jun. 2024)


What is Spectaire Holdings LT-Debt-to-Total-Asset?

Spectaire Holdings SPEC LT-Debt-to-Total-Asset is 0.12 as of Jun. 2024.

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. Spectaire Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.12.

Spectaire Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.12). It may suggest that Spectaire Holdings is progressively becoming more dependent on debt to grow their business.

Spectaire Holdings  (OTCPK:SPEC) 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.

Spectaire Holdings LT-Debt-to-Total-Asset Related Terms

Spectaire Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings LT-Debt-to-Total-Asset Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.00 0.00 0.10

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.10 0.13 0.12

Spectaire Holdings LT-Debt-to-Total-Asset Calculation

Spectaire Holdings'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 )
=0.137/1.443
=

Spectaire Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.095/0.809
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.12 mean?
Spectaire Holdings (SPEC) has a LT-Debt-to-Total-Asset of 0.12 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' LT-Debt-to-Total-Asset too high?
Spectaire Holdings' current LT-Debt-to-Total-Asset is 0.12.
How does Spectaire Holdings' LT-Debt-to-Total-Asset compare to VLTO and FSS?
Spectaire Holdings' LT-Debt-to-Total-Asset of 0.12 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spectaire Holdings and its competitors. Spectaire Holdings's current LT-Debt-to-Total-Asset is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current LT-Debt-to-Total-Asset of 0.12. The current LT-Debt-to-Total-Asset is 0.12. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Spectaire Holdings (SPEC), the current LT-Debt-to-Total-Asset is 0.12 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.