CRWS (Crown Crafts) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is Crown Crafts 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. Crown Crafts's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Crown Crafts's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.29). It may suggest that Crown Crafts is progressively becoming more dependent on debt to grow their business.

Crown Crafts LT-Debt-to-Total-Asset Historical Data

The historical data trend for Crown Crafts'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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Crown Crafts LT-Debt-to-Total-Asset Chart

Crown Crafts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.13

0.05

0.01

0.30

0.25

Crown Crafts Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.25	0.17	0.30	0.29

Crown Crafts LT-Debt-to-Total-Asset Calculation

Crown Crafts's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	20.25	/	82.706
	=	0.24

Crown Crafts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	28.793	/	98.741
	=	0.29

Crown Crafts (NAS:CRWS) 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.

Crown Crafts LT-Debt-to-Total-Asset Related Terms

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Crown Crafts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Crown Crafts Inc (NAS:CRWS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

916 S. Burnside Avenue, Gonzales, LA, USA, 70737

Website

https://www.crowncrafts.com

Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of company-owned trademarks, under trademarks licensed from others, and as private-label goods.

Executives

Zenon S Nie	director
Donald R Ratajczak	director	THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Michael Benstock	director	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
E Randall Chestnut	director, officer: President and CEO
Craig Demarest	officer: VP and CFO	C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130
Nanci Freeman	officer: Pres & CEO/Infant Products Div	5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849
Donna Sheridan	officer: Pres & CEO / NoJo Baby & Kids	711 WEST WALNUT STREET, COMPTON CA 90220
Patricia Stensrud	director	P.O. BOX 1028, GONZALES LA 70707
Kenneth C. Cowart	officer: Director, Information Systems	P.O. BOX 1028, GONZALES LA 70707
Stephen Guyer	officer: VP Procurement/Infant Products	711 WEST WALNUT STREET, COMPTON CA 90220
Susan I. Christensen	officer: VP Sales/Infant Products Div	711 WEST WALNUT STREET, COMPTON CA 90220
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Debra Dunne	officer: VP Design/Infant Products Div	711 WEST WALNUT STREET, COMPTON CA 90220
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jon C Biro	director	5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057