Standex International (FRA:9SI) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Standex International 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. Standex International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

Standex International's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.18). It may suggest that Standex International is progressively becoming less dependent on debt to grow their business.

Standex International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Standex International'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.

Standex International LT-Debt-to-Total-Asset Chart

Standex International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.25

0.24

0.22

0.19

Standex International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.19	0.18	0.17	0.18

Standex International LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	183.875	/	946.009
	=	0.19

Standex International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	163.547	/	914.026
	=	0.18

Standex International (FRA:9SI) 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.

Standex International LT-Debt-to-Total-Asset Related Terms

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

Standex International (FRA:9SI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Standex International Corp (FRA:9SI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SXI:USA

Address

23 Keewaydin Drive, Salem, NH, USA, 03079

Website

https://www.standex.com

Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

Standex International (FRA:9SI) Headlines

No Headlines