TXRP (TX Rail Products) LT-Debt-to-Total-Asset: 1.13 (As of Sep. 2019)

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What is TX Rail Products LT-Debt-to-Total-Asset?

TX Rail Products TXRP LT-Debt-to-Total-Asset is 1.13 as of Sep. 2019.

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. TX Rail Products's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 1.13.

TX Rail Products's long-term debt to total assets ratio declined from Sep. 2018 (1.17) to Sep. 2019 (1.13). It may suggest that TX Rail Products is progressively becoming less dependent on debt to grow their business.

TX Rail Products  (OTCPK:TXRP) 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.

TX Rail Products LT-Debt-to-Total-Asset Related Terms

TX Rail Products LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for TX Rail Products'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.

TX Rail Products LT-Debt-to-Total-Asset Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.88 1.17 1.13 0.91

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 1.03 1.06 1.13 0.91

TX Rail Products LT-Debt-to-Total-Asset Calculation

TX Rail Products's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (A: Sep. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2020 )/Total Assets (A: Sep. 2020 )
=2/2.207
=0.91

TX Rail Products's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (Q: Sep. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2019 )/Total Assets (Q: Sep. 2019 )
=2.425/2.141
=1.13

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 1.13 mean?
TX Rail Products (TXRP) has a LT-Debt-to-Total-Asset of 1.13 as of Sep. 2019. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TX Rail Products and its competitors.
Is TX Rail Products' LT-Debt-to-Total-Asset too high?
TX Rail Products' current LT-Debt-to-Total-Asset is 1.13.
How does TX Rail Products' LT-Debt-to-Total-Asset compare to FAST and GWW?
TX Rail Products' LT-Debt-to-Total-Asset of 1.13 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good LT-Debt-to-Total-Asset depends on the Industrial Distribution 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 TX Rail Products and its competitors. TX Rail Products's current LT-Debt-to-Total-Asset is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TX Rail Products stock overvalued right now?
TX Rail Products (TXRP) has a current LT-Debt-to-Total-Asset of 1.13. The current LT-Debt-to-Total-Asset is 1.13. 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 TX Rail Products (TXRP), the current LT-Debt-to-Total-Asset is 1.13 as of Sep. 2019. 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.

TX Rail Products Business Description

Address 12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Rail Products Inc is in the business of supplying, distributing and selling rail material to domestic coal mining industry, short line railroads, and tunneling contractors.