IBC Advanced Alloys (TSXV:IB) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

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What is IBC Advanced Alloys 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. IBC Advanced Alloys's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

IBC Advanced Alloys's long-term debt to total assets ratio increased from Dec. 2023 (0.08) to Dec. 2024 (0.22). It may suggest that IBC Advanced Alloys is progressively becoming more dependent on debt to grow their business.

IBC Advanced Alloys LT-Debt-to-Total-Asset Historical Data

The historical data trend for IBC Advanced Alloys'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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IBC Advanced Alloys LT-Debt-to-Total-Asset Chart

IBC Advanced Alloys Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.21

0.22

0.10

0.11

0.21

IBC Advanced Alloys 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															0.08	0.07	0.21	0.22	0.22

IBC Advanced Alloys LT-Debt-to-Total-Asset Calculation

IBC Advanced Alloys's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	7.095	/	33.628
	=	0.21

IBC Advanced Alloys'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 )
	=	6.431	/	29.439
	=	0.22

IBC Advanced Alloys (TSXV:IB) 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.

IBC Advanced Alloys LT-Debt-to-Total-Asset Related Terms

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IBC Advanced Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IBC Advanced Alloys Corp (TSXV:IB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

IAALF:USA

Address

401 Arvin Road, Franklin, IN, USA, 46131-1549

Website

https://www.ibcadvancedalloys.com

IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through two reportable segments namely Copper Alloys and Corporate. The company generates the majority of its revenue from Copper Alloys.

Executives

Mark Doelling	Senior Officer
Christopher Geoffrey Hampson	Director
Mark Smith	Director

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