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AAON (FRA:AAO) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is AAON Debt-to-Asset?

AAON's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2 Mil. AAON's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €14 Mil. AAON's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €877 Mil. AAON's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


AAON Debt-to-Asset Historical Data

The historical data trend for AAON's Debt-to-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.

AAON Debt-to-Asset Chart

AAON Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.06 0.10 0.05

AAON Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-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 0.11 0.09 0.10 0.05 0.02

Competitive Comparison of AAON's Debt-to-Asset

For the Building Products & Equipment subindustry, AAON's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AAON's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, AAON's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where AAON's Debt-to-Asset falls into.



AAON Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AAON's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.853 + 44.501) / 863.297
=0.05

AAON's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.092 + 13.691) / 876.687
=0.02

* 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.


AAON  (FRA:AAO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


AAON Debt-to-Asset Related Terms

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


AAON (FRA:AAO) Business Description

Traded in Other Exchanges
Address
2425 South Yukon Avenue, Tulsa, OK, USA, 74107
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.

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