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Zale Corp (NYSE:ZLC)
Long-Term Debt to Total Assets
0.35 (As of Jan. 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. Zale Corp's long-term debt to total assests ratio for the quarter that ended in Jan. 2014 was 0.35.

Zale Corp's long-term debt to total assets ratio declined from Jan. 2013 (0.38) to Jan. 2014 (0.35). It may suggest that Zale Corp is progressively becoming less dependent on debt to grow their business.

Definition

Zale Corp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2013 is calculated as

 LT Debt to Total Assets (A: Jul. 2013 ) = Long-Term Debt (A: Jul. 2013 ) / Total Assets (A: Jul. 2013 ) = 410.05 / 1187.255 = 0.35

Zale Corp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2014 is calculated as

 LT Debt to Total Assets (Q: Jan. 2014 ) = Long-Term Debt (Q: Jan. 2014 ) / Total Assets (Q: Jan. 2014 ) = 445.267 / 1280.704 = 0.35

* 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

Historical Data

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

Zale Corp Annual Data

 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 ltd2asset 0.15 0.09 0.14 0.14 0.23 0.25 0.25 0.33 0.39 0.35

Zale Corp Quarterly Data

 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 ltd2asset 0.38 0.34 0.37 0.39 0.39 0.38 0.38 0.35 0.38 0.35
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