Bright Horizons Family Solutions (FRA:BHA) LT-Debt-to-Total-Asset : 0.46 (As of Mar. 2024)

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What is Bright Horizons Family Solutions 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. Bright Horizons Family Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.46.

Bright Horizons Family Solutions's long-term debt to total assets ratio declined from Mar. 2023 (0.46) to Mar. 2024 (0.46). It may suggest that Bright Horizons Family Solutions is progressively becoming less dependent on debt to grow their business.

Bright Horizons Family Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bright Horizons Family Solutions'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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Bright Horizons Family Solutions LT-Debt-to-Total-Asset Chart

Bright Horizons Family Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.52

0.47

0.46

0.47

0.45

Bright Horizons Family Solutions 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															0.46	0.46	0.46	0.45	0.46

Bright Horizons Family Solutions LT-Debt-to-Total-Asset Calculation

Bright Horizons Family Solutions'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 )
	=	1596.465	/	3572.764
	=	0.45

Bright Horizons Family Solutions'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 )
	=	1588.798	/	3488.091
	=	0.46

Bright Horizons Family Solutions (FRA:BHA) 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.

Bright Horizons Family Solutions LT-Debt-to-Total-Asset Related Terms

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Bright Horizons Family Solutions (FRA:BHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Bright Horizons Family Solutions Inc (FRA:BHA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BFAM:USA

Address

2 Wells Avenue, Newton, MA, USA, 02459

Website

https://www.brighthorizons.com

Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

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