FLSmidth. A/S (FLSmidth. A/S) Debt-to-Asset : 0.08 (As of Mar. 2024)

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What is FLSmidth. A/S Debt-to-Asset?

FLSmidth. A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $19 Mil. FLSmidth. A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $312 Mil. FLSmidth. A/S's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $3,922 Mil. FLSmidth. A/S's debt to asset for the quarter that ended in Mar. 2024 was 0.08.

FLSmidth. A/S Debt-to-Asset Historical Data

The historical data trend for FLSmidth. A/S'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.

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FLSmidth. A/S Debt-to-Asset Chart

FLSmidth. A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.15

0.14

0.05

0.10

0.07

FLSmidth. A/S 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															0.10	0.10	0.09	0.07	0.08

Competitive Comparison of FLSmidth. A/S's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, FLSmidth. A/S'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.

FLSmidth. A/S's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth. A/S's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where FLSmidth. A/S's Debt-to-Asset falls into.

FLSmidth. A/S Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

FLSmidth. A/S'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
	=	(22.678	+	258.237)	/	3951.981
	=	0.07

FLSmidth. A/S'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
	=	(18.951	+	312.108)	/	3921.98
	=	0.08

FLSmidth. A/S (OTCPK:FLIDY) 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.

FLSmidth. A/S Debt-to-Asset Related Terms

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FLSmidth. A/S (FLSmidth. A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FLSmidth & Co. A/S (OTCPK:FLIDY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

FLIDF:USA FLSc:UK 0OJA:UK FLS:Denmark F6O1:Germany

Address

Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500

Website

https://www.flsmidth.com

FLSmidth & Co. A/S is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.