Whirlpool (Whirlpool) LT-Debt-to-Total-Asset : 0.43 (As of Mar. 2024)

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What is Whirlpool 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. Whirlpool's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.43.

Whirlpool's long-term debt to total assets ratio declined from Mar. 2023 (0.47) to Mar. 2024 (0.43). It may suggest that Whirlpool is progressively becoming less dependent on debt to grow their business.

Whirlpool LT-Debt-to-Total-Asset Historical Data

The historical data trend for Whirlpool'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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Whirlpool LT-Debt-to-Total-Asset Chart

Whirlpool Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.26

0.29

0.28

0.46

0.41

Whirlpool 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															0.47	0.41	0.41	0.41	0.43

Whirlpool LT-Debt-to-Total-Asset Calculation

Whirlpool'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 )
	=	7026	/	17312
	=	0.41

Whirlpool'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 )
	=	7433	/	17370
	=	0.43

Whirlpool (NYSE:WHR) 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.

Whirlpool LT-Debt-to-Total-Asset Related Terms

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Whirlpool (Whirlpool) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Whirlpool Corp (NYSE:WHR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WHR:Germany WHR:Germany W1HR34:Brazil

Address

2000 North M-63, Benton Harbor, MI, USA, 49022-2692

Website

https://www.whirlpoolcorp.com

Whirlpool Corp is a manufacturer and marketer of home appliances and related products. Its reportable segments consist of North America; Europe, the Middle East and Africa ("EMEA"); Latin America and Asia. Product categories include refrigeration, laundry, cooking, and dishwashing. The company has also a portfolio of small domestic appliances, including the KitchenAid stand mixer. The company's international brands include Whirlpool, KitchenAid, Maytag, Consul, and Brastemp among others.

Executives

Rudolph Wilson	director	2000 N. M-63, BENTON HARBOR MI 49085
James W Peters	officer: EXEC VICE PRESIDENT AND CFO	2000 M-63N, BENTON HARBOR MI 49022
Marc R Bitzer	director, officer: CHIEF EXECUTIVE OFFICER	2000 M-63N, BENTON HARBOR MI 49022
Juan Carlos Puente	officer: EVP & PRES. WHIRLPOOL LAR	2000 N. M-63, BENTON HARBOR MI 49022
Carey L Martin	officer: EVP & Chief HR Officer	2000 N. M-63, BENTON HARBOR MI 49022
Ava Harter	officer: EVP & Chief Legal Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Christopher S Conley	officer: Vice President and Controller	2000 N M-63, BENTON HARBOR MI 49022
Gary T Dicamillo	director	888 WASHINGTON STREET, DEDHAM MA 02027
Everhart Carl E. Winn	officer: EVP & PRESIDENT, NA	2000 N. M-63, BENTON HARBOR MI 49022
Joseph T. Liotine	officer: EXEC VICE PRESIDENT & PRES NA	2000 M-63N, BENTON HARBOR MI 49022
Gilles Morel	officer: EVP AND PRESIDENT, EMEA	2000 N-M63, BENTON HARBOR MI 49022
Shengpo Wu	officer: PRESIDENT, ASIA	ONE AMERICAN ROAD, DEARBORN MI 48126
Joao Carlos Brega	officer: EXECUTIVE VICE PRESIDENT	2000 M-63N, BENTON HARBOR MI 49022
Jennifer A. Laclair	director	ALLY DETROIT CENTER, 500 WOODWARD AVENUE, DETROIT MI 48226
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213