VLOWY (Vallourec) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)

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What is Vallourec 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. Vallourec's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

Vallourec's long-term debt to total assets ratio declined from Sep. 2023 (0.24) to Sep. 2024 (0.15). It may suggest that Vallourec is progressively becoming less dependent on debt to grow their business.

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

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

Vallourec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.26

0.37

0.30

0.27

0.24

Vallourec 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															0.24	0.24	0.24	0.15	0.15

Vallourec LT-Debt-to-Total-Asset Calculation

Vallourec's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1513.493	/	6230.373
	=	0.24

Vallourec'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 )
	=	850.166	/	5761.376
	=	0.15

Vallourec (OTCPK:VLOWY) 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.

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

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Vallourec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vallourec SA (OTCPK:VLOWY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VLOUF:USA VKp:UK 0NR2:UK VK:France VACD:Germany

Address

12 Rue de la Verrerie, Meudon, FRA, 92190

Website

http://www.vallourec.com

Vallourec SA is engaged in the provision of tubular solutions to the oil and gas industry. Its expertise also extends to the industry sector including mechanicals, automobile, and construction. The company has structured its operations into the following business segments, Seamless Tubes, Specialty Products and and Holding companies and other. The group has a large portfolio of tubular products including a range of seamless tubes, specialty tubes; and connections and accessories. Its primary geographic markets are Europe, North America, South America, Asia, and Rest of the World. Geographically the company receives maximum revenue from North America.