TransDigm Group (STU:T7D) LT-Debt-to-Total-Asset : 0.95 (As of Sep. 2024)

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What is TransDigm Group 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. TransDigm Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.95.

TransDigm Group's long-term debt to total assets ratio declined from Sep. 2023 (0.97) to Sep. 2024 (0.95). It may suggest that TransDigm Group is progressively becoming less dependent on debt to grow their business.

TransDigm Group LT-Debt-to-Total-Asset Historical Data

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

TransDigm Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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1.05

1.00

1.07

0.97

0.95

TransDigm Group 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															0.97	1.03	0.99	0.98	0.95

TransDigm Group LT-Debt-to-Total-Asset Calculation

TransDigm Group'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 )
	=	21890.696	/	23052.986
	=	0.95

TransDigm Group'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 )
	=	21890.696	/	23052.986
	=	0.95

TransDigm Group (STU:T7D) 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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TransDigm Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TransDigm Group Inc (STU:T7D) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TDG:USA TDG:Mexico 0REK:UK T7D:Germany T1DG34:Brazil

Address

1350 Euclid Avenue, Suite 1600, Cleveland, OH, USA, 44115

Website

https://www.transdigm.com

TransDigm manufactures and services a diverse set of specialized parts for commercial and military aircraft. The firm organizes itself in three segments: power and control, airframes, and a small non-aviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary aerospace products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

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