Element Fleet Management (TSX:EFN) LT-Debt-to-Total-Asset: 0.65 (As of Mar. 2026)

What is Element Fleet Management LT-Debt-to-Total-Asset?

Element Fleet Management TSX:EFN +0.10% 67 LT-Debt-to-Total-Asset is 0.65 as of Mar. 2026. GuruFocus rates TSX:EFN with a GF Score™ of 67/100 and a GF Value™ of C$27.27 (Fairly Valued). The stock has 7 warning signs investors should review.

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. Element Fleet Management's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.65.

Element Fleet Management's long-term debt to total assets ratio declined from Mar. 2025 (0.69) to Mar. 2026 (0.65). It may suggest that Element Fleet Management is progressively becoming less dependent on debt to grow their business.

Element Fleet Management (TSX:EFN) 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.

Element Fleet Management LT-Debt-to-Total-Asset Related Terms

Element Fleet Management LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Element Fleet Management'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.

Element Fleet Management LT-Debt-to-Total-Asset Chart

Element Fleet Management Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.63

0.60

0.65

0.67

0.70

Element Fleet Management Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.69	0.68	0.67	0.70	0.65

67GF Score

Element Fleet Management Corp TSX:EFN

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Element Fleet Management LT-Debt-to-Total-Asset Calculation

Element Fleet Management's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	13353.586	/	19153.073
	=	0.70

Element Fleet Management's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	12084.387	/	18600.782
	=	0.65

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.65 mean?

Element Fleet Management (TSX:EFN) has a LT-Debt-to-Total-Asset of 0.65 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Element Fleet Management and its competitors.

Is Element Fleet Management's LT-Debt-to-Total-Asset too high?

Element Fleet Management's current LT-Debt-to-Total-Asset is 0.65. Overall, Element Fleet Management has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Element Fleet Management's LT-Debt-to-Total-Asset compare to URI and SUNB?

Element Fleet Management's LT-Debt-to-Total-Asset of 0.65 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Business Services company?

A good LT-Debt-to-Total-Asset depends on the Business Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Element Fleet Management and its competitors. Element Fleet Management's current LT-Debt-to-Total-Asset is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Element Fleet Management stock overvalued right now?

Based on GuruFocus' analysis, Element Fleet Management (TSX:EFN) is currently considered Fairly Valued. The stock's GF Value™ is C$27.27, compared to a current price of C$29.83 — trading 9.4% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.65. Element Fleet Management's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Element Fleet Management (TSX:EFN), the current LT-Debt-to-Total-Asset is 0.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Element Fleet Management (TSX:EFN) Overvalued in 2026?

Based on GuruFocus' analysis, Element Fleet Management stock appears to be overvalued. The current stock price of C$29.83 is trading 9.4% above its estimated GF Value™ of C$27.27. GuruFocus considers Element Fleet Management to be Fairly Valued.

Key valuation signals for TSX:EFN:

LT-Debt-to-Total-Asset: 0.65
GF Value™: C$27.27 vs. price of C$29.83 (9.4% above fair value)
GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the TSX:EFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Element Fleet Management Business Description

Industry Industrials Business Services

Comparable Companies TSX:BDI URI SUNB AER UHAL XPAR:AYV R BSP:RENT3 TSE:8439 HKSE:02588 GATX CAR WSC EQPT HRI SZSE:000415 XTER:SIX2 MGRC CTOS HKSE:01606

Other Exchanges ELEEF:USA

Address 161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1

Website https://www.elementfleet.com

Element Fleet Management Corp is a fleet management company, providing services and financing for commercial vehicle and equipment fleets. Their services include vehicle acquisition, maintenance, route optimization, risk management, and remarketing, as well as advising on decarbonization efforts, integration of electric vehicles, and managing the complexity of gradual fleet electrification.

67GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$29.83

Price

C$27.27

GF Value

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