Clearfield (STU:AP7) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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

What is Clearfield 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. Clearfield's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Clearfield's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.05). It may suggest that Clearfield is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Clearfield'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.

Clearfield LT-Debt-to-Total-Asset Chart

Clearfield Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

0.13

0.03

0.05

Clearfield Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.05	0.05

Clearfield LT-Debt-to-Total-Asset Calculation

Clearfield's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	13.514	/	284.063
	=	0.05

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	13.514	/	284.063
	=	0.05

Clearfield (STU:AP7) 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.

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

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

Clearfield Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Clearfield Inc (STU:AP7) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CLFD:USA AP7:Germany

Address

7050 Winnetka Avenue North, Suite 100, Brooklyn Park, MN, USA, 55428

Website

https://www.seeclearfield.com

Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a various products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has international presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.

Clearfield Headlines

No Headlines