Fisker (STU:FIS) LT-Debt-to-Total-Asset : 0.55 (As of Dec. 2023)

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What is Fisker 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. Fisker's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.55.

Fisker's long-term debt to total assets ratio increased from Dec. 2022 (0.45) to Dec. 2023 (0.55). It may suggest that Fisker is progressively becoming more dependent on debt to grow their business.

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

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

Fisker Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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1.83

0.42

0.45

0.55

Fisker Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.45	0.46	0.41	0.49	0.55

Fisker LT-Debt-to-Total-Asset Calculation

Fisker'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 )
	=	917.872	/	1679.657
	=	0.55

Fisker's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	917.872	/	1679.657
	=	0.55

Fisker (STU:FIS) 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.

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

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Fisker (STU:FIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fisker Inc (STU:FIS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FSR:USA FIS:Germany

Address

1888 Rosecrans Avenue, Manhattan Beach, CA, USA, 90266

Website

https://www.fiskerinc.com

Fisker Inc is revolutionizing the automotive industry by developing emotionally desirable and eco-friendly electric vehicles on Earth. The company is an e-mobility service provider with sustainable vehicles.