Unifi (UFI) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

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What is Unifi 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. Unifi's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Unifi's long-term debt to total assets ratio increased from Sep. 2023 (0.26) to Sep. 2024 (0.27). It may suggest that Unifi is progressively becoming more dependent on debt to grow their business.

Unifi LT-Debt-to-Total-Asset Historical Data

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

Unifi Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.19

0.14

0.19

0.25

0.26

Unifi Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.25	0.26	0.27

Unifi LT-Debt-to-Total-Asset Calculation

Unifi'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 )
	=	123.917	/	469.244
	=	0.26

Unifi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	125.416	/	466.979
	=	0.27

Unifi (NYSE:UFI) 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.

Unifi LT-Debt-to-Total-Asset Related Terms

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Unifi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Unifi Inc (NYSE:UFI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

36A:Germany

Address

7201 West Friendly Avenue, Greensboro, NC, USA, 27410

Website

https://www.unifi.com

Unifi Inc is a multi-national company. It manufactures and sells synthetic and recycled products made from polyester and nylon predominantly to other yarn manufacturers and knitters and weavers that produce fabric for apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed, and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns. The company's reportable segments are; the Americas, Brazil, and Asia. Its maximum revenue is derived from the Americas.

Executives

Kenneth G Langone	director	375 PARK AVENUE, STE 2205, NEW YORK NY 10152
Inclusive Capital Partners, L.p.	10 percent owner, other: See Remarks	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Andrew James Eaker	officer: Interim CFO	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Gregory K Sigmon	officer: SVP, General Counsel	7201 WEST FRIENDLY AVE, GREENSBORO NC 27410
Archibald Jr Cox	director	151 EAST 58TH STREET, #33F, NEW YORK NY 10022
Edmund M Ingle	director, officer: CEO	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Francis S Blake	director	2455 PACES FERRY RD, ATLANTA GA 30339
Jeffrey W Ubben	10 percent owner, other: See Remarks	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Craig A Creaturo	officer: EVP & CFO	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Robert J Bishop	director	IMPALA ASSET MANAGEMENT LLC, 107 CHERRY ST, NEW CANAAN CT 06840
Rhonda L. Ramlo	director	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Emma S. Battle	director	101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Eva T. Zlotnicka	director	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
James M Kilts	director	120 PARK AVE, NEW YORK NY 10017
James D. Mead	director	P.O. BOX 440, NEW FAIRFIELD CT 06812