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Commercial Metals Co (STU:CMS) LT-Debt-to-Total-Asset : 0.17 (As of Feb. 2025)


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What is Commercial Metals Co 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. Commercial Metals Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2025 was 0.17.

Commercial Metals Co's long-term debt to total assets ratio increased from Feb. 2024 (0.17) to Feb. 2025 (0.17). It may suggest that Commercial Metals Co is progressively becoming more dependent on debt to grow their business.


Commercial Metals Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Commercial Metals Co'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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Commercial Metals Co LT-Debt-to-Total-Asset Chart

Commercial Metals Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.22 0.18 0.17 0.17

Commercial Metals Co Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.17 0.17 0.17

Commercial Metals Co LT-Debt-to-Total-Asset Calculation

Commercial Metals Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )/Total Assets (A: Aug. 2024 )
=1043.807/6183.78
=0.17

Commercial Metals Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (Q: Feb. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2025 )/Total Assets (Q: Feb. 2025 )
=1108.538/6422.122
=0.17

* 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.


Commercial Metals Co  (STU:CMS) 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.


Commercial Metals Co LT-Debt-to-Total-Asset Related Terms

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Commercial Metals Co Business Description

Traded in Other Exchanges
Address
6565 North MacArthur Boulevard, Irving, TX, USA, 75039
Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has three operating and reportable segments: North America Steel Group, Europe Steel Group and Emerging Businesses Group.