IES Holdings (IES Holdings) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is IES Holdings 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. IES Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

IES Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.04). It may suggest that IES Holdings is progressively becoming less dependent on debt to grow their business.

IES Holdings LT-Debt-to-Total-Asset Historical Data

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

IES Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.04

0.09

0.13

0.04

IES Holdings 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															0.06	0.04	0.04	0.04	0.04

IES Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	42.098	/	981.6
	=	0.04

IES Holdings'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 )
	=	38.175	/	1101.164
	=	0.03

IES Holdings (NAS:IESC) 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.

IES Holdings LT-Debt-to-Total-Asset Related Terms

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IES Holdings (IES Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IES Holdings Inc (NAS:IESC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

45T:Germany

Address

2 Riverway, Suite 1730, Houston, TX, USA, 77056

Website

https://www.ies-co.com

IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions and Commercial & Industrial. Majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Through this segment it also provides services for the installation of residential solar power, both for new construction and existing residences.

Executives

Gendell Jeffrey L Et Al	director, 10 percent owner	200 PARK AVENUE SUITE 3900, NEW YORK NY 10166
Todd M Cleveland	director	107 W. FRANKLIN ST., ELKHART IN 46515
Mary K Newman	officer: VP, General Counsel & Corp Sec	2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Matthew J Simmes	officer: Chief Operating Officer	2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Alison M Petersen	officer: VP & Chief Accounting Officer	2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Tracy Mclauchlin	officer: SVP, CFO & Treasurer	2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
David B. Gendell	director	2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Jennifer A Baldock	director	7 WITHERELL DRIVE, GREENWICH CT 06831
Elizabeth Leykum	director	C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Gary S Matthews	director, officer: CEO and Director	5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Donald L Luke	director	5433 WESTHEIMER RD, SUITE 500, HOUSTON TX 77056
Gail D Makode	officer: SVP, GC & Secretary	ONE SOUND SHORE DR, SUITE 304, GREENWICH CT 06830
Tontine Capital Management Llc	10 percent owner	C/O TORTINE PARTNERS LP, 55 RAILRAOD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Capital Partners L P	10 percent owner	C/O TONTINE CAPITAL MANAGEMENT LLC LP, 55 RAILROAD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Associates, Llc	10 percent owner	1 SOUND SHORE DRIVE, SUITE 304, GREENWICH CT 06830