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JC Penney Co Inc (NYSE:JCP)
Long-Term Debt to Total Assets
0.43 (As of Apr. 2014)

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 divide by its total assets. JC Penney Co Inc's long-term debt to total assests ratio for the quarter that ended in Apr. 2014 was 0.43.

JC Penney Co Inc's long-term debt to total assets ratio increased from Apr. 2013 (0.28) to Apr. 2014 (0.43). It may suggest that JC Penney Co Inc is progressively becoming more dependent on debt to grow their business.


Definition

JC Penney Co Inc's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2014 is calculated as

LT Debt to Total Assets (A: Jan. 2014 )=Long-Term Debt (A: Jan. 2014 )/Total Assets (A: Jan. 2014 )
=4901/11801
=0.42

JC Penney Co Inc's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2014 is calculated as

LT Debt to Total Assets (Q: Apr. 2014 )=Long-Term Debt (Q: Apr. 2014 )/Total Assets (Q: Apr. 2014 )
=4891/11292
=0.43

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Long-Term Debt, Total Assets


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

JC Penney Co Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
ltd2asset 0.250.280.240.250.290.240.240.250.300.42

JC Penney Co Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
ltd2asset 0.250.260.270.270.300.280.420.410.420.43
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