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Tractor Supply Co (FRA:TR4) Debt-to-Asset : 0.55 (As of Sep. 2024)


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What is Tractor Supply Co Debt-to-Asset?

Tractor Supply Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €352 Mil. Tractor Supply Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €4,453 Mil. Tractor Supply Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €8,801 Mil. Tractor Supply Co's debt to asset for the quarter that ended in Sep. 2024 was 0.55.


Tractor Supply Co Debt-to-Asset Historical Data

The historical data trend for Tractor Supply Co's Debt-to-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.

* Premium members only.

Tractor Supply Co Debt-to-Asset Chart

Tractor Supply Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.50 0.51 0.50 0.55

Tractor Supply Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.55 0.53 0.52 0.55

Competitive Comparison of Tractor Supply Co's Debt-to-Asset

For the Specialty Retail subindustry, Tractor Supply Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tractor Supply Co's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tractor Supply Co's Debt-to-Asset falls into.



Tractor Supply Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tractor Supply Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(341.832 + 4276.197) / 8425.534
=0.55

Tractor Supply Co's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(352.273 + 4453.358) / 8800.875
=0.55

* 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.


Tractor Supply Co  (FRA:TR4) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tractor Supply Co Debt-to-Asset Related Terms

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Tractor Supply Co Business Description

Address
5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,270 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (rebranded as Tractor Supply), along with 205 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023, revenue consisted primarily of livestock, equine & agriculture (27%), companion animal (25%), and seasonal & recreation (22%).

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