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KinderCare Learning (KinderCare Learning) LT-Debt-to-Total-Asset : 0.80 (As of Sep. 2021)


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What is KinderCare Learning 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. KinderCare Learning's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.80.

KinderCare Learning's long-term debt to total assets ratio increased from Dec. 2019 (0.79) to Sep. 2021 (0.80). It may suggest that KinderCare Learning is progressively becoming more dependent on debt to grow their business.

KinderCare Learning LT-Debt-to-Total-Asset Historical Data

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

KinderCare Learning Annual Data
Trend Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
- 0.79 0.83

KinderCare Learning Quarterly Data
Dec18 Dec19 Sep20 Dec20 Jun21 Sep21
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.79 - 0.83 0.82 0.80

KinderCare Learning LT-Debt-to-Total-Asset Calculation

KinderCare Learning's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=2712.91/3266.542
=0.83

KinderCare Learning's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )/Total Assets (Q: Sep. 2021 )
=2709.198/3394.421
=0.80

* 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.

KinderCare Learning  (NYSE:KLC) 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.

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