TTMI (TTM Technologies) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is TTM Technologies 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. TTM Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

TTM Technologies's long-term debt to total assets ratio declined from Dec. 2023 (0.30) to Dec. 2024 (0.29). It may suggest that TTM Technologies is progressively becoming less dependent on debt to grow their business.

TTM Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for TTM Technologies'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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TTM Technologies LT-Debt-to-Total-Asset Chart

TTM Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.30

0.32

0.27

0.30

0.29

TTM Technologies 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															0.30	0.30	0.30	0.30	0.29

TTM Technologies LT-Debt-to-Total-Asset Calculation

TTM Technologies'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 )
	=	1003.853	/	3472.494
	=	0.29

TTM Technologies'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 )
	=	1003.853	/	3472.494
	=	0.29

TTM Technologies (NAS:TTMI) 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.

TTM Technologies LT-Debt-to-Total-Asset Related Terms

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TTM Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TTM Technologies Inc (NAS:TTMI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TT1:Germany

Address

200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707

Website

https://www.ttm.com

TTM Technologies Inc manufactures technology solutions, including mission systems, radio frequency (RF) components/RF microwave/microelectronic assemblies, quick-turn and technologically printed circuit boards (PCB). The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.

Executives

Robert P. Farrell	officer: President C&C	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Catherine A Gridley	officer: SVP & President of A&D BU	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Philip Titterton	officer: See Remarks	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Douglas L Soder	officer: Executive Vice President	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tony Sanchez	officer: Vice President & Controller	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Shawn A. Powers	officer: EVP, Human Resources	1665 SCENIC AVENUE SUITE 250, COSTA MESA CA 92626
Jeff Jankowsky	officer: President, C&C BU	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tom Clapprood	officer: President A&D Radar Systems	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel J Weber	officer: See Remarks	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Dale Martin Knecht	officer: SVP Information Technology	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Anthony Joseph Sandeen	officer: President, AMI&I Business Unit	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel L. Boehle	officer: EVP of Finance	C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Todd B Schull	officer: Executive Vice President	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tai Keung Chung	officer: See Remarks	NO. 4 DAI SHUN STREET, TAI PO INDUSTRIAL ESTATE, TAI PO, NT,, HONG KONG K3 00000
Pamela B. Jackson	director	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707