Figeac Aero (XPAR:FGA) LT-Debt-to-Total-Asset : 0.50 (As of Sep. 2023)

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What is Figeac Aero 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. Figeac Aero's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.50.

Figeac Aero's long-term debt to total assets ratio increased from Sep. 2022 (0.47) to Sep. 2023 (0.50). It may suggest that Figeac Aero is progressively becoming more dependent on debt to grow their business.

Figeac Aero LT-Debt-to-Total-Asset Historical Data

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

Figeac Aero Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.36

0.38

0.32

0.49

Figeac Aero Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.50	0.32	0.47	0.49	0.50

Figeac Aero LT-Debt-to-Total-Asset Calculation

Figeac Aero's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	341.088	/	701.954
	=	0.49

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

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	329.171	/	663.64
	=	0.50

Figeac Aero (XPAR:FGA) 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.

Figeac Aero LT-Debt-to-Total-Asset Related Terms

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Figeac Aero (XPAR:FGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Figeac Aero SA (XPAR:FGA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

1F1:Germany

Address

Industrial Zone Aiguille, Figeac, FRA, 46100

Website

http://www.figeac-aero.com

Figeac Aero SA is a manufacturer of aeronautical sub-assemblies. The company currently organizes its business into the following areas: Metal Processing, Surface Treatment, and Assembly. Under its Metal Processing division, the company produces light alloy (aluminium) and hard metal (titanium, Inconel and steel) aerospace parts. The company offers a wide range of services under its Surface Treatment division such as chemical machining, sandblasting, polishing, heat treatment, among others. It offers assembly services to its customers as a logical complement to its aerospace industry component parts production.

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