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Richelieu Hardware (TSX:RCH) Debt-to-Asset : 0.19 (As of Feb. 2024)


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What is Richelieu Hardware Debt-to-Asset?

Richelieu Hardware's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$79 Mil. Richelieu Hardware's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$169 Mil. Richelieu Hardware's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was C$1,345 Mil. Richelieu Hardware's debt to asset for the quarter that ended in Feb. 2024 was 0.18.


Richelieu Hardware Debt-to-Asset Historical Data

The historical data trend for Richelieu Hardware'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.

Richelieu Hardware Debt-to-Asset Chart

Richelieu Hardware Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.10 0.21 0.16

Richelieu Hardware Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.25 0.22 0.17 0.16 0.19

Competitive Comparison of Richelieu Hardware's Debt-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Richelieu Hardware'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.


Richelieu Hardware's Debt-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Richelieu Hardware's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Richelieu Hardware's Debt-to-Asset falls into.



Richelieu Hardware Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Richelieu Hardware's Debt-to-Asset for the fiscal year that ended in Nov. 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
=(63.546 + 145.742) / 1314.963
=0.16

Richelieu Hardware's Debt-to-Asset for the quarter that ended in Feb. 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
=(78.993 + 169.211) / 1344.799
=0.18

* 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.


Richelieu Hardware  (TSX:RCH) 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.


Richelieu Hardware Debt-to-Asset Related Terms

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Richelieu Hardware (TSX:RCH) Business Description

Traded in Other Exchanges
Address
7900 Henri-Bourassa Boulevard West, Ville Saint-Laurent, Montreal, QC, CAN, H4S 1V4
Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada. Richelieu's products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.

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