5E Advanced Materials (STU:J9I) LT-Debt-to-Total-Asset : 0.65 (As of Mar. 2024)

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What is 5E Advanced Materials 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. 5E Advanced Materials's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.65.

5E Advanced Materials's long-term debt to total assets ratio increased from Mar. 2023 (0.33) to Mar. 2024 (0.65). It may suggest that 5E Advanced Materials is progressively becoming more dependent on debt to grow their business.

5E Advanced Materials LT-Debt-to-Total-Asset Historical Data

The historical data trend for 5E Advanced Materials'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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5E Advanced Materials LT-Debt-to-Total-Asset Chart

5E Advanced Materials Annual Data

Trend

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

0.01

0.37

5E Advanced Materials Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.33	0.37	0.43	0.49	0.65

5E Advanced Materials LT-Debt-to-Total-Asset Calculation

5E Advanced Materials's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	34.839	/	93.13
	=

5E Advanced Materials'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 )
	=	58.377	/	89.206
	=

5E Advanced Materials (STU:J9I) 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.

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5E Advanced Materials (STU:J9I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » 5E Advanced Materials Inc (STU:J9I) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FEAM:USA J9I0:Germany 5EA:Australia

Address

9329 Mariposa Road, Suite 210, Hesperia, CA, USA, 92344

Website

https://www.5eadvancedmaterials.com

5E Advanced Materials Inc is engaged boron specialty advanced materials and lithium with a focus on enabling decarbonization, including electric transportation, clean energy, and food security.

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