Safe & Green Holdings (STU:90S0) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2024)

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What is Safe & Green Holdings 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. Safe & Green Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.15.

Safe & Green Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.13) to Mar. 2024 (0.15). It may suggest that Safe & Green Holdings is progressively becoming more dependent on debt to grow their business.

Safe & Green Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Safe & Green 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.

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Safe & Green Holdings LT-Debt-to-Total-Asset Chart

Safe & Green Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.14

0.17

Safe & Green Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.12	0.13	0.17	0.15

Safe & Green Holdings LT-Debt-to-Total-Asset Calculation

Safe & Green 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 )
	=	2.748	/	15.782
	=	0.17

Safe & Green Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2.696	/	18.359
	=	0.15

Safe & Green Holdings (STU:90S0) 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.

Safe & Green Holdings LT-Debt-to-Total-Asset Related Terms

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Safe & Green Holdings (STU:90S0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Safe & Green Holdings Corp (STU:90S0) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SGBX:USA

Address

990 Biscayne Boulevard, No. 501, Office 12, Miami, FL, USA, 33132

Website

https://www.safeandgreenholdings.com

Safe & Green Holdings Corp is a modular solutions company. The company currently provides modules made out of both code-engineered cargo shipping containers and wood for use as both permanent or temporary structures for residential housing use and commercial use, including for health care facilities. It operates in four segments: construction; medical; real estate development; and environmental. The company generates the majority of its revenue from the Construction segment which designs and constructs modular structures built in their factories using raw materials that are Made-in-America.

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