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Littelfuse (Littelfuse) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)


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What is Littelfuse 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. Littelfuse's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Littelfuse's long-term debt to total assets ratio declined from Dec. 2022 (0.23) to Dec. 2023 (0.23). It may suggest that Littelfuse is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Littelfuse'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.

Littelfuse LT-Debt-to-Total-Asset Chart

Littelfuse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.20 0.23 0.23

Littelfuse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-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 0.23 0.23 0.23 0.22 0.23

Littelfuse LT-Debt-to-Total-Asset Calculation

Littelfuse'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 )
=907.387/3995.275
=0.23

Littelfuse'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 )
=907.387/3995.275
=0.23

* 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.


Littelfuse  (NAS:LFUS) 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.


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

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Littelfuse (Littelfuse) Business Description

Traded in Other Exchanges
Address
8755 West Higgins Road, Suite 500, Chicago, IL, USA, 60631
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
Executives
Deepak Nayar officer: SVP & GM Electronics Business 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Matthew Cole officer: SVP eMobility & Corp Strategy 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Gregory N. Henderson director C/O HITTITE MICROWAVE CORPORATION, 2 ELIZABETH DRIVE, CHELMSFORD MA 01824
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Maggie Chu officer: SVP, CHRO 8755 W HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Kristina A. Cerniglia director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Cary T Fu director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
William P Noglows director C/O CABOT MICROELECTRONICS CORP, 870 N. COMMONS DR, AURORA IL 60504
Maria C Green director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Jeffrey G Gorski officer: VP & Chief Accounting Officer C/O RR DONNELLEY $ SONS COMPANY, 35 W. WACKER DRIVE, CHICAGO IL 60601
Ryan K Stafford officer: EVP, CLO & Corp Secretary 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Meenal Sethna officer: Executive VP, CFO 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

Littelfuse (Littelfuse) Headlines

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