HORNBACH Baumarkt AG (HAM:HBM) LT-Debt-to-Total-Asset : 0.36 (As of Feb. 2023)

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What is HORNBACH Baumarkt AG 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. HORNBACH Baumarkt AG's long-term debt to total assests ratio for the quarter that ended in Feb. 2023 was 0.36.

HORNBACH Baumarkt AG's long-term debt to total assets ratio increased from May. 2021 (0.29) to Feb. 2023 (0.36). It may suggest that HORNBACH Baumarkt AG is progressively becoming more dependent on debt to grow their business.

HORNBACH Baumarkt AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for HORNBACH Baumarkt AG'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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HORNBACH Baumarkt AG LT-Debt-to-Total-Asset Chart

HORNBACH Baumarkt AG Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.47

0.44

0.42

0.36

0.39

HORNBACH Baumarkt AG Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Feb23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.42	0.42	0.36	0.39

HORNBACH Baumarkt AG LT-Debt-to-Total-Asset Calculation

HORNBACH Baumarkt AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	1644.851	/	4255.873
	=	0.39

HORNBACH Baumarkt AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (Q: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2023 )	/	Total Assets (Q: Feb. 2023 )
	=	1627.358	/	4468.452
	=

HORNBACH Baumarkt AG (HAM:HBM) 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.

HORNBACH Baumarkt AG LT-Debt-to-Total-Asset Related Terms

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HORNBACH Baumarkt AG (HAM:HBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HORNBACH Baumarkt AG (HAM:HBM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0ENN:UK

Address

Hornbachstrasse, Pfalz, Bornheim bei Landau, RP, DEU, 76878

Website

https://www.hornbach-holding.de

HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.