Zep (FRA:14Z) LT-Debt-to-Total-Asset : 0.36 (As of Feb. 2015)

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What is Zep 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. Zep's long-term debt to total assests ratio for the quarter that ended in Feb. 2015 was 0.36.

Zep's long-term debt to total assets ratio increased from Feb. 2014 (0.35) to Feb. 2015 (0.36). It may suggest that Zep is progressively becoming more dependent on debt to grow their business.

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

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

Zep Annual Data

Trend

Aug05

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

LT-Debt-to-Total-Asset

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0.23

0.26

0.29

0.34

Zep Quarterly Data
	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.37	0.34	0.33	0.36

Zep LT-Debt-to-Total-Asset Calculation

Zep's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2014 is calculated as

LT Debt to Total Assets (A: Aug. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2014 )	/	Total Assets (A: Aug. 2014 )
	=	140.347	/	417.714
	=	0.34

Zep's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2015 is calculated as

LT Debt to Total Assets (Q: Feb. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2015 )	/	Total Assets (Q: Feb. 2015 )
	=	167.783	/	471.648
	=	0.36

Zep (FRA:14Z) 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.

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

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Zep Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zep Inc (FRA:14Z) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.zepinc.com

Zep Inc. was founded in 1937. It is a producer, marketer, and service provider of a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. Zeps product portfolio includes anti-bacterial and industrial hand care products, cleaners, degreasers, deodorizers, disinfectants, floor finishes, sanitizers, and pest and weed control products. It continually refreshes its product portfolio and service offerings. Zep reaches its customers through an experienced, international organization of sales representatives supported by highly skilled marketing, research and development and technical services teams, who collectively provide creative solutions for its customers' diverse cleaning and maintenance needs by utilizing their product expertise and providing customized value added services that it distinguish Zep among its competitors. Through its direct sales organization, Zep provides convenient, highly effective cleaning and maintenance solutions to customers in a broad array of commercial, industrial, and institutional end-markets, including transportation, food processing and service, manufacturing, government, and housekeeping. These customers include government entities and businesses ranging from small sole proprietorships to large corporations. It sells its products to customers mainly in the United States, Canada and Western Europe. Zep markes these products and services under well recognized and established brand names, such as Zep , Zep Commercial, Zep Professional, Enforcer, and Selig. Zep is its flagship brand and represents largest portfolio of cleaning and maintenance solutions for commercial, industrial, and institutional customers needing highly effective product solutions and professional technical support. Zep Commercial provides professional cleaning and plumbing chemical products targeted to contractors and small business owners and are currently sold through The Home Depot, HD Supply and other retailers. Zep Professional was introduced in fiscal year 2009 and represents its portfolio of cleaning and maintenance solutions that are offered to customers in the commercial, industrial, and institutional end-markets who prefer to acquire product through the distribution channel. Selig offers a limited assortment of cleaning solutions targeted to commercial, industrial and institutional customers. It produces a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer customers. Zeps commercial, industrial, and institutional customers include government entities and businesses ranging from small sole proprietorships to large corporations as well as distributors. Its sales and service organization covers the United States, Canada, Italy, Belgium, Luxemburg, the Netherlands and certain other smaller markets. It manufactures products at six facilities located in the United States, Canada, the Netherlands, and Italy.The key raw materi

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