UTI (Universal Technical Institute) LT-Debt-to-Total-Asset : 0.35 (As of Dec. 2024)

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What is Universal Technical Institute 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. Universal Technical Institute's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.35.

Universal Technical Institute's long-term debt to total assets ratio declined from Dec. 2023 (0.44) to Dec. 2024 (0.35). It may suggest that Universal Technical Institute is progressively becoming less dependent on debt to grow their business.

Universal Technical Institute LT-Debt-to-Total-Asset Historical Data

The historical data trend for Universal Technical Institute'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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Universal Technical Institute LT-Debt-to-Total-Asset Chart

Universal Technical Institute Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.30

0.36

0.35

0.44

0.36

Universal Technical Institute 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															0.44	0.42	0.41	0.36	0.35

Universal Technical Institute LT-Debt-to-Total-Asset Calculation

Universal Technical Institute's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	269.838	/	744.575
	=	0.36

Universal Technical Institute'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 )
	=	261.736	/	753.756
	=	0.35

Universal Technical Institute (NYSE:UTI) 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.

Universal Technical Institute LT-Debt-to-Total-Asset Related Terms

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Universal Technical Institute Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Universal Technical Institute Inc (NYSE:UTI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UTI:Germany UTI:Germany

Address

4225 East Windrose Drive, Suite 200, Phoenix, AZ, USA, 85032

Website

https://www.uti.edu

Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment which includes Universal Technical Institute (UTI) and Concorde Career Colleges, Corporate. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.

Executives

Sherrell Smith	officer: Sr. VP of Operations	20410 NORTH 19TH AVENUE S-200, PHOENIX AZ 85027
George W. Brochick	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Coliseum Capital Management, Llc	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Kenneth R Trammell	director
Linda J Srere	director	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robert Thomas Devincenzi	director	825 E MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Jerome Alan Grant	officer: EVP & Chief Operating Officer	16220 N. SCOTTSDALE RD., SUITE 100, SCOTTSDALE AZ 85254
Loretta Lydia Sanchez	director	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Troy R Anderson	officer: EVP and CFO	16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254
Tracy Kay Lorenz	officer: UTI Division President	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Michael A. Slubowski	director	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jami J. Frazier	officer: Division President	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Shannon Lei Okinaka	director	C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Kimberly J Mcwaters	director, officer: CEO and President	20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Bart Fesperman	officer: Chief Commercial Officer	4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032