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Johnson & Johnson (NYSE:JNJ)
Long-Term Debt to Total Assets
0.12 (As of Mar. 2015)

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. Johnson & Johnson's long-term debt to total assests ratio for the quarter that ended in Mar. 2015 was 0.12.

Johnson & Johnson's long-term debt to total assets ratio increased from Mar. 2014 (0.10) to Mar. 2015 (0.12). It may suggest that Johnson & Johnson is progressively becoming more dependent on debt to grow their business.


Definition

Johnson & Johnson's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )=Long-Term Debt (A: Dec. 2014 )/Total Assets (A: Dec. 2014 )
=15122/131119
=0.12

Johnson & Johnson's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2015 is calculated as

LT Debt to Total Assets (Q: Mar. 2015 )=Long-Term Debt (Q: Mar. 2015 )/Total Assets (Q: Mar. 2015 )
=14938/128590
=0.12

* 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.

Johnson & Johnson Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ltd2asset 0.030.030.090.100.090.090.110.100.100.12

Johnson & Johnson Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ltd2asset 0.100.090.080.080.100.100.100.100.120.12
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