GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » UFP Technologies Inc (NAS:UFPT) » Definitions » LT-Debt-to-Total-Asset

UFPT (UFP Technologies) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)


View and export this data going back to 1993. Start your Free Trial

What is UFP 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. UFP Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

UFP Technologies's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.30). It may suggest that UFP Technologies is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for UFP 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.

* Premium members only.

UFP Technologies LT-Debt-to-Total-Asset Chart

UFP Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.23 0.16 0.10 0.30

UFP 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 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 0.10 0.10 0.11 0.33 0.30

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

UFP 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 )
=189.307/628.995
=0.30

UFP 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 )
=189.307/628.995
=0.30

* 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.


UFP Technologies  (NAS:UFPT) 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.


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

Thank you for viewing the detailed overview of UFP Technologies's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


UFP Technologies Business Description

Traded in Other Exchanges
Address
100 Hale Street, Newburyport, MA, USA, 01950-3504
UFP Technologies Inc is a designer and custom manufacturer of components, subassemblies, products, and packaging utilizing specialized foams, films, and plastics for the medical market. The company manufactures its products by converting raw materials using laminating, molding, radio frequency and impulse welding, and fabricating manufacturing techniques. It is an important link in the medical device supply chain and a valued outsource partner to many of the top medical device manufacturers in the world. The company's single-use and single-patient devices and components are used in a wide range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging.
Executives
Cynthia L Feldmann director 17 WINTHROP ROAD, WAYLAND MA 01778
Ronald J Lataille officer: Chief Financial Officer
Daniel C Croteau director C/O LYNCH, BREWER, HOFFMAN & FINK, LLP, 75 FEDERAL STREET, 7TH FLOOR, BOSTON MA 02110
R Jeffrey Bailly director, 10 percent owner, officer: President and CEO 100 HALE STREET, NEWBURYPORT MA 01950
Jason Holt officer: Vice President 100 HALE STREET, NEWBURYPORT MA 01950
Symeria Hudson director 100 HALE STREET, NEWBURYPORT MA 01950
Steve Cardin officer: Vice President 100 HALE STREET, NEWBURYPORT MA 01950
Christopher P. Litterio officer: Senior Vice President C/O UFP TECHNOLOGIES, INC., 100 HALE STREET, NEWBURYPORT MA 02143
Mitchell Rock officer: Vice President C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833
Joseph Hassett director ONE TECHNOLOGY WAY, NORWOOD MA 02062
Thomas Oberdorf director C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Marc D Kozin director
Daniel J Shaw officer: Vice President
W David Smith officer: Vice President 172 EAST MAIN STREET, GEORGETOWN MA 01833
Pierce Robert W Jr director C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833