Kingfisher (FRA:KFI1) LT-Debt-to-Total-Asset : 0.18 (As of Jan. 2024)

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What is Kingfisher 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. Kingfisher's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.18.

Kingfisher's long-term debt to total assets ratio declined from Jan. 2023 (0.18) to Jan. 2024 (0.18). It may suggest that Kingfisher is progressively becoming less dependent on debt to grow their business.

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

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

Kingfisher Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.19

0.17

0.16

0.18

Kingfisher Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.16	0.18	0.18	0.18

Kingfisher LT-Debt-to-Total-Asset Calculation

Kingfisher's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	2453.055	/	13880.813
	=	0.18

Kingfisher's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	2453.055	/	13880.813
	=	0.18

Kingfisher (FRA:KFI1) 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.

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

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Kingfisher (FRA:KFI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kingfisher PLC (FRA:KFI1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KGFHY:USA KGFHF:USA KGFl:UK KGF:UK KFI1:Germany

Address

1 Paddington Square, London, GBR, W2 1GG

Website

https://www.kingfisher.com

Kingfisher is a home improvement company with over 1,570 stores in eight countries across Europe. The company operates several retail banners that are focused on trade customers and general do-it-yourself needs. Kingfisher's main retail brands include B&Q, Screwfix, and TradePoint in the United Kingdom and Castorama and Brico Depot in France. The U.K. and France are Kingfisher's largest markets, accounting for 81% of sales. The company is the second-largest DIY retailer in Europe, with a leading position in the U.K. and a number-two position in France.

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