Rockwell Automation (LTS:0KXA) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Rockwell Automation 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. Rockwell Automation's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

Rockwell Automation's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.26). It may suggest that Rockwell Automation is progressively becoming less dependent on debt to grow their business.

Rockwell Automation LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rockwell Automation'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.

* Premium members only.

Rockwell Automation LT-Debt-to-Total-Asset Chart

Rockwell Automation Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.32

0.31

0.35

0.29

0.28

Rockwell Automation 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															0.27	0.27	0.28	0.28	0.26

Rockwell Automation LT-Debt-to-Total-Asset Calculation

Rockwell Automation's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	3148.2	/	11304
	=	0.28

Rockwell Automation'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 )
	=	2917.7	/	11367.3
	=	0.26

Rockwell Automation (LTS:0KXA) 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.

Rockwell Automation LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Rockwell Automation's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Rockwell Automation (LTS:0KXA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rockwell Automation Inc (LTS:0KXA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ROK:USA 1ROK:Italy RWL:Germany

Address

1201 South Second Street, Milwaukee, WI, USA, 53204

Website

https://www.rockwellautomation.com

Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

Rockwell Automation (LTS:0KXA) Headlines

No Headlines