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Johnson & Johnson (NYSE:JNJ)
Long-Term Debt to Total Assets
0.15 (As of Mar. 2016)

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. 2016 was 0.15.

Johnson & Johnson's long-term debt to total assets ratio increased from Mar. 2015 (0.12) to Mar. 2016 (0.15). 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. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )=Long-Term Debt (A: Dec. 2015 )/Total Assets (A: Dec. 2015 )
=12857/133411
=0.10

Johnson & Johnson's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (Q: Mar. 2016 )=Long-Term Debt (Q: Mar. 2016 )/Total Assets (Q: Mar. 2016 )
=20233/136231
=0.15

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ltd2asset 0.030.090.100.090.090.110.100.100.120.10

Johnson & Johnson Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ltd2asset 0.100.100.100.120.120.110.110.100.150.00
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