Secure Waste Infrastructure (TSX:SES) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is Secure Waste Infrastructure 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. Secure Waste Infrastructure's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Secure Waste Infrastructure's long-term debt to total assets ratio declined from Dec. 2023 (0.38) to Dec. 2024 (0.19). It may suggest that Secure Waste Infrastructure is progressively becoming less dependent on debt to grow their business.

Secure Waste Infrastructure LT-Debt-to-Total-Asset Historical Data

The historical data trend for Secure Waste Infrastructure'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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Secure Waste Infrastructure LT-Debt-to-Total-Asset Chart

Secure Waste Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.31

0.44

0.35

0.38

0.19

Secure Waste Infrastructure Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.15	0.22	0.22	0.19

Secure Waste Infrastructure LT-Debt-to-Total-Asset Calculation

Secure Waste Infrastructure's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	428	/	2281
	=	0.19

Secure Waste Infrastructure's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	428	/	2281
	=	0.19

Secure Waste Infrastructure (TSX:SES) 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.

Secure Waste Infrastructure LT-Debt-to-Total-Asset Related Terms

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Secure Waste Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Secure Waste Infrastructure Corp (TSX:SES) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SECYF:USA SEP0:Germany

Address

2300, 225 - 6th Avenue South West, Calgary, AB, CAN, T2P 1N2

Website

https://www.secure.ca

Secure Waste Infrastructure Corp, formerly Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in three segments: Environmental Waste Management, Energy Infrastructure, and Oilfield Services. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. It generates the majority of its revenue from the Environmental Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities. Oilfield Services include drilling fluid management, and others.

Executives

James G. Coulter	10% Security Holder
Jon Winkelried	10% Security Holder
Llc Tpg Gp A	10% Security Holder
Michael H. Dilger	Director
Michael Wayne Callihoo	Senior Officer
James Darryl Anderson	Senior Officer
David Bonderman	10% Security Holder
Wendy Hanrahan	Director
Rene Amirault	10% Security Holder, Director, Senior Officer
Allen Peter Gransch	Senior Officer
Chad William Magus	Senior Officer
Corey Ray Higham	Senior Officer
Rhonda Kimberly Rudnitski	Senior Officer
Mark Bly	Director
Gordon & Co. L.p. Angelo	10% Security Holder