KFRC (Kforce) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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

Kforce's long-term debt to total assets ratio declined from Dec. 2023 (0.15) to Dec. 2024 (0.13). It may suggest that Kforce is progressively becoming less dependent on debt to grow their business.

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

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

Kforce Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.24

0.22

0.11

0.15

0.13

Kforce 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															0.15	0.15	0.14	0.11	0.13

Kforce LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	44.558	/	357.834
	=	0.12

Kforce'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 )
	=	44.558	/	357.834
	=	0.12

Kforce (NYSE:KFRC) 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.

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

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Kforce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kforce Inc (NYSE:KFRC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ROF:Germany

Address

1150 Assembly Drive, Suite 500, Tampa, FL, USA, 33607

Website

https://www.kforce.com

Kforce Inc is a solutions firm specializing in technology, finance and accounting, and other professional staffing services. The company operates two business segments: 1) In technology segment it provides talent solutions with candidates skilled in areas including systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. 2) In FA segment company offers consultants in traditional finance and accounting roles such as finance, planning and analysis; business intelligence analysis; general accounting; transactional accounting business and cost analysis; and taxation and treasury. The majority of revenue is earned through the technology segment.

Executives

Andrew G Thomas	officer: CHIEF MARKETING OFFICER	1001 E PALM AVE, TAMPA FL 33605
David M Kelly	officer: Sr VP, Chief Financial Officer
Joseph J Liberatore	officer: President
Mark F Furlong	director	770 M WATER ST, MILWAUKEE WI 53202
N John Simmons	director	33 NORTH PINE CIRCLE, BELLEAIR FL 33756
Elaine Rosen	director
David L Dunkel	director, officer: Chief Executive Officer
Jeffrey B. Hackman	officer: SVP Finance & Accounting	1001 EAST PALM AVENUE, TAMPA FL 33605
Ralph Struzziero	director
Derrick Dewan Brooks	director	1001 EAST PALM AVENUE, TAMPA FL 33605
Kye L. Mitchell	officer: Chief Operations Officer	1001 EAST PALM AVENUE, TAMPA FL 33605
Michael R Blackman	officer: Chief Corporate Dev. Officer
Ann E. Dunwoody	director	600 THIRD AVENUE, NEW YORK NY 10016
Catherine Cloudman	director	1001 E. PALM AVENUE, TAMPA FL 33605
Richard M Cocchiaro	director, officer: Vice Chairman