Currys (FRA:CWB) LT-Debt-to-Total-Asset : 0.13 (As of Oct. 2024)

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

What is Currys 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. Currys's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.13.

Currys's long-term debt to total assets ratio declined from Oct. 2023 (0.19) to Oct. 2024 (0.13). It may suggest that Currys is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Currys'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.

Currys LT-Debt-to-Total-Asset Chart

Currys Annual Data

Trend

Mar14

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.16

0.21

0.15

Currys Semi-Annual Data
	Mar14	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.21	0.19	0.15	0.13

Currys LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	934.333	/	6192.726
	=	0.15

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

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	877.306	/	6673.752
	=	0.13

Currys (FRA:CWB) 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.

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

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

Currys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Currys PLC (FRA:CWB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DSITF:USA CURYl:UK CURY:UK

Address

1 Portal Way, London, GBR, W3 6RS

Website

https://www.currysplc.com

Currys PLC is an omnichannel retailer of technology products and services with stores across countries. The company's segment include: UK & Ireland: comprises the operations of Currys, iD Mobile and B2B operations; and Nordics; operates both franchise and own stores in Norway, Sweden, Finland and Denmark with further franchise operations in Iceland, Greenland and the Faroe Islands. UK & Ireland and Nordics are involved in the sale of consumer electronics and mobile technology products and services, through stores or online channels. It derives maximum revenue from UK & Ireland.