Analyzing TPI Composites' Long-Term Debt to Total Assets Ratio
Saturday, 3 August 2024, 14:32
TPI Composites' Financial Overview
TPI Composites (STU:GX6) reports a Long-Term Debt to Total Assets ratio of 0.73 as of August 3, 2024.
Understanding the Ratio
This ratio helps assess financial leverage:
- A ratio below 1 signals that total assets exceed long-term debt.
- Essential for evaluating financial health and stability.
Conclusion
Constant monitoring of TPI Composites' debt ratios can aid investors in making informed investment decisions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.