HELKF (Henkel AG KGaA) LT-Debt-to-Total-Asset : 0.06 (As of Jun. 2024)

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What is Henkel AG KGaA 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. Henkel AG KGaA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.06.

Henkel AG KGaA's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Jun. 2024 (0.06). It may suggest that Henkel AG KGaA is progressively becoming more dependent on debt to grow their business.

Henkel AG KGaA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Henkel AG KGaA'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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Henkel AG KGaA LT-Debt-to-Total-Asset Chart

Henkel AG KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.07

0.06

0.07

0.08

Henkel AG KGaA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.07	0.06	0.08	0.06

Henkel AG KGaA LT-Debt-to-Total-Asset Calculation

Henkel AG KGaA'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 )
	=	2577.972	/	34599.782
	=	0.07

Henkel AG KGaA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2264.801	/	36353.068
	=	0.06

Henkel AG KGaA (OTCPK:HELKF) 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.

Henkel AG KGaA LT-Debt-to-Total-Asset Related Terms

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Henkel AG KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Henkel AG & Co KGaA (OTCPK:HELKF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HENOY:USA HENOF:USA HENKY:USA 1HEN:Italy 1HEN3:Italy HENKEL:Hungary HENd:UK HEN3d:UK 0IZC:UK 0IZ8:UK HEN1:Germany HEN3:Germany HEN:Germany HEN3:Germany HEN:Germany HEN3:Germany HEN:Germany HEN3:Germany HEN:Germany

Address

Henkelstrasse 67, Duesseldorf, NW, DEU, 40589

Website

https://www.henkel.com

Two distinct customer groups constitute Henkel. The consumer segment (around 50% of consolidated 2023 sales) is laundry and home care, including the Persil and Purex laundry detergent brands, and beauty care, including the Schwarzkopf brand in hair care and the Dial brand in hand soap. The adhesives technologies segment makes up the remaining 50% of sales. Sales from Europe accounted for 38% of the firm's consolidated total in 2023, while Asia-Pacific and North America accounted for 15% and 28%, respectively.