Freshpet (STU:7FP) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

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What is Freshpet 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. Freshpet's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Freshpet's long-term debt to total assets ratio declined from Dec. 2023 (0.29) to Dec. 2024 (0.27). It may suggest that Freshpet is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Freshpet'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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Freshpet LT-Debt-to-Total-Asset Chart

Freshpet Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

0.29

0.27

Freshpet 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															0.29	0.28	0.28	0.28	0.27

Freshpet LT-Debt-to-Total-Asset Calculation

Freshpet'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 )
	=	401.72	/	1504.008
	=	0.27

Freshpet'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 )
	=	401.72	/	1504.008
	=	0.27

Freshpet (STU:7FP) 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.

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

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Freshpet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Freshpet Inc (STU:7FP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FRPT:USA 7FP:Germany

Address

1545 US-206, 1st Floor Bedminster, New Jersey, NJ, USA, 07921

Website

https://www.freshpet.com

Freshpet produces and sells premium fresh pet food through its company-owned refrigerators placed in grocery, mass and club, pet specialty, and natural stores. The former two store types accounted for 89% of 2023 sales, with grocery stores representing the primary driver of footprint growth. Freshpet primarily targets dogs (92% of sales), with cats and treats comprising the rest of its sales. Geographically, the company's home US market, where all its food is produced, accounts for about 96% of sales, with exports to Canada, the United Kingdom, and other European countries accounting for the remaining balance.

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