IBM (International Business Machines) LT-Debt-to-Total-Asset : 0.42 (As of Sep. 2024)

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What is International Business Machines 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. International Business Machines's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.42.

International Business Machines's long-term debt to total assets ratio increased from Sep. 2023 (0.40) to Sep. 2024 (0.42). It may suggest that International Business Machines is progressively becoming more dependent on debt to grow their business.

International Business Machines LT-Debt-to-Total-Asset Historical Data

The historical data trend for International Business Machines'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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International Business Machines LT-Debt-to-Total-Asset Chart

International Business Machines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.38

0.37

0.36

0.38

0.39

International Business Machines Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.39	0.41	0.41	0.42

International Business Machines LT-Debt-to-Total-Asset Calculation

International Business Machines'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 )
	=	52689	/	135241
	=	0.39

International Business Machines's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	55737	/	134339
	=	0.41

International Business Machines (NYSE:IBM) 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.

International Business Machines LT-Debt-to-Total-Asset Related Terms

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International Business Machines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » International Business Machines Corp (NYSE:IBM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

One New Orchard Road, Armonk, NY, USA, 10504

Website

http://www.ibm.com

IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

Executives

Alfred W Zollar	director	C/O LOTUS SOFTWARE, ONE ROGER STREET, CAMBRIDGE MA 02142
Nickle Jaclyn Lamoreaux	officer: Senior Vice President	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Michelle H Browdy	officer: Senior Vice President	IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504-1722
Michael Miebach	director	2000 PURCHASE STREET, PURCHASE NY 10577
James J Kavanaugh	officer: Vice President and Controller	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Nicolas A. Fehring	officer: VP, Controller	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Del Bene Robert F	officer: VP, Controller	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
David N Farr	director
Michelle J Howard	director	C/O SECRETARY'S OFFICE, IBM CORPORATION, ARMONK NY 10504
Gary D Cohn	officer: Vice Chairman	812 PARK AVENUE, 7-8A, NEW YORK NY 10021
James M Whitehurst	officer: President	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Alex Gorsky	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Andrew N Liveris	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Joseph Swedish	director	WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Frederick H Waddell	director	50 S. LA SALLE ST., CHICAGO IL 60675