Redcare Pharmacy NV (HAM:RDC) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)

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What is Redcare Pharmacy NV 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. Redcare Pharmacy NV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Redcare Pharmacy NV's long-term debt to total assets ratio declined from Mar. 2023 (0.33) to Mar. 2024 (0.23). It may suggest that Redcare Pharmacy NV is progressively becoming less dependent on debt to grow their business.

Redcare Pharmacy NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Redcare Pharmacy NV'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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Redcare Pharmacy NV LT-Debt-to-Total-Asset Chart

Redcare Pharmacy NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.31

0.06

0.29

0.34

0.23

Redcare Pharmacy NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.23	0.22	0.23	0.23

Redcare Pharmacy NV LT-Debt-to-Total-Asset Calculation

Redcare Pharmacy NV'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 )
	=	236.068	/	1021.596
	=	0.23

Redcare Pharmacy NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	234.819	/	1013.181
	=	0.23

Redcare Pharmacy NV (HAM:RDC) 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.

Redcare Pharmacy NV LT-Debt-to-Total-Asset Related Terms

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Redcare Pharmacy NV (HAM:RDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Redcare Pharmacy NV (HAM:RDC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SAEYY:USA RDCd:UK 0RJT:UK RDC:Germany SHOP:Austria

Address

Erik de Rodeweg 11/13, Sevenum, NLD, 5975 WD

Website

https://www.shop-apotheke.com

Redcare Pharmacy NV Formerly Shop Apotheke Europe NV operates an online pharmacy store. Its product portfolio is focused on non-prescription medications, over-the-counter medications, and pharmacy-related beauty and personal care products. The company's operating segment includes DACH and International. It generates maximum revenue domestically from the DACH segment. Geographically, it has a presence in Germany, Belgium, Spain, France, and Italy.