Carrefour (CHIX:CAP) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Carrefour 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. Carrefour's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

Carrefour's long-term debt to total assets ratio increased from Dec. 2022 (0.19) to Dec. 2023 (0.20). It may suggest that Carrefour is progressively becoming more dependent on debt to grow their business.

Carrefour LT-Debt-to-Total-Asset Historical Data

The historical data trend for Carrefour'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.

* Premium members only.

Carrefour LT-Debt-to-Total-Asset Chart

Carrefour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.19

0.20

Carrefour Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.19	0.19	0.19	0.20

Carrefour LT-Debt-to-Total-Asset Calculation

Carrefour's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	11158	/	56171
	=	0.20

Carrefour's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	11158	/	56171
	=	0.20

Carrefour (CHIX:CAp) 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.

Carrefour LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Carrefour's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Carrefour (CHIX:CAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carrefour (CHIX:CAp) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CRRFY:USA CRERF:USA CA:Mexico 0NPH:UK CA:France CAR:Germany CARR:Austria

Address

93 Avenue de Paris, Massy Cedex, Paris, FRA, 91300

Website

https://www.carrefour.com

Carrefour is a multiformat retailer with operations in more than 30 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 340,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 73% of sales are generated in Europe, and the rest in Latin America (27%).