Express Scripts Holding Co (Express Scripts Holding Co) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2018)

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What is Express Scripts Holding Co 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. Express Scripts Holding Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.23.

Express Scripts Holding Co's long-term debt to total assets ratio declined from Sep. 2017 (0.27) to Sep. 2018 (0.23). It may suggest that Express Scripts Holding Co is progressively becoming less dependent on debt to grow their business.

Express Scripts Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Express Scripts Holding Co'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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Express Scripts Holding Co LT-Debt-to-Total-Asset Chart

Express Scripts Holding Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.23

0.20

0.26

0.29

0.28

Express Scripts Holding Co Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.28	0.28	0.25	0.23

Express Scripts Holding Co LT-Debt-to-Total-Asset Calculation

Express Scripts Holding Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	14981.5	/	54255.8
	=	0.28

Express Scripts Holding Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )	/	Total Assets (Q: Sep. 2018 )
	=	12974.2	/	55441.6
	=	0.23

Express Scripts Holding Co (NAS:ESRX) 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.

Express Scripts Holding Co LT-Debt-to-Total-Asset Related Terms

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Express Scripts Holding Co (Express Scripts Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Express Scripts Holding Co (NAS:ESRX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.express-scripts.com

Express Scripts is the largest pharmacy benefit manager in the United States. Through its mail-order pharmacy and network of retail pharmacies, Express Scripts processes approximately 1.3 billion adjusted prescriptions annually for its payer clients.