Stif (XPAR:ALSTI) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

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What is Stif 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. Stif's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Stif's long-term debt to total assets ratio declined from Dec. 2022 (0.35) to Dec. 2023 (0.17). It may suggest that Stif is progressively becoming less dependent on debt to grow their business.

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

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

Stif Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.25

0.35

0.17

Stif Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	0.25	0.35	0.27	0.17

Stif LT-Debt-to-Total-Asset Calculation

Stif'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 )
	=	4.833	/	29.243
	=	0.17

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4.833	/	29.243
	=	0.17

Stif (XPAR:ALSTI) 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.

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

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Stif (XPAR:ALSTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stif SA (XPAR:ALSTI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

D08:Germany

Address

ZA de la Lande, Saint-Georges-sur-Loire, FRA, 49171

Website

https://www.stifnet.com

Stif SA is a French industrial player specializing in the design, manufacturing and marketing of innovative industrial equipment intended for niche markets. Its products include elevator buckets, rubber lifting straps, Underspeed controllers, Strap offset controllers, Temperature sensors, Anti-jam probes, Monitoring systems, Explosion panels, Compression and curve fittings, Modular piping for gravity transport, Conveyor belt scrapers, and others.

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