Dentsply Sirona (WBO:XRAY) LT-Debt-to-Total-Asset : 0.29 (As of Sep. 2024)

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What is Dentsply Sirona 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. Dentsply Sirona's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.29.

Dentsply Sirona's long-term debt to total assets ratio increased from Sep. 2023 (0.27) to Sep. 2024 (0.29). It may suggest that Dentsply Sirona is progressively becoming more dependent on debt to grow their business.

Dentsply Sirona LT-Debt-to-Total-Asset Historical Data

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

Dentsply Sirona Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.23

0.22

0.26

Dentsply Sirona 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															0.27	0.26	0.26	0.27	0.29

Dentsply Sirona LT-Debt-to-Total-Asset Calculation

Dentsply Sirona'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 )
	=	1761.557	/	6758.29
	=	0.26

Dentsply Sirona'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 )
	=	1710.098	/	5970.026
	=	0.29

Dentsply Sirona (WBO:XRAY) 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.

Dentsply Sirona LT-Debt-to-Total-Asset Related Terms

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Dentsply Sirona Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Dentsply Sirona Inc (WBO:XRAY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

XRAY:USA 1XRAY:Italy 0I8F:UK DY2:Germany DY2:Germany DY2:Germany

Address

13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607

Website

https://www.dentsplysirona.com

Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).