GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » B&M European Value Retail SA (LSE:BME) » Definitions » LT-Debt-to-Total-Asset

B&M European Value Retail (LSE:BME) LT-Debt-to-Total-Asset : 0.49 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is B&M European Value Retail 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. B&M European Value Retail's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.49.

B&M European Value Retail's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.49). It may suggest that B&M European Value Retail is progressively becoming more dependent on debt to grow their business.

B&M European Value Retail LT-Debt-to-Total-Asset Historical Data

The historical data trend for B&M European Value Retail'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.

B&M European Value Retail LT-Debt-to-Total-Asset Chart

B&M European Value Retail Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.55 0.57 0.56 0.57

B&M European Value Retail Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.56 - 0.57 0.49

B&M European Value Retail LT-Debt-to-Total-Asset Calculation

B&M European Value Retail's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=2068/3625
=0.57

B&M European Value Retail'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 )
=1912/3886
=0.49

* 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.

B&M European Value Retail  (LSE:BME) 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.

B&M European Value Retail LT-Debt-to-Total-Asset Related Terms

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

B&M European Value Retail Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » B&M European Value Retail SA (LSE:BME) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
LSE:FIXP WMT COST MEX:WALMEX TGT BOM:540376 DG DLTR TSX:DOL TSE:7532 BJ MIC:MGNT OLLI TSE:2651 WAR:PCO PSMT XKRX:139480 TSE:2782 OSL:EPR OHEL:TOKMAN
Traded in Other Exchanges
BMRRY:USA BMRPF:USA BMEl:UK BMN:Germany
Address
3, rue Gabriel Lippmann, Munsbach, Schuttrange, Grand-Duchy, Luxembourg, LUX, L-5365
Website
https://www.bandmretail.com
B&M European Value Retail SA is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, alcohol, housewares, home textiles, small electrical goods, DIY products, garden-related products, grocery, fast-moving consumer goods, and more. The group is organised into three operating segments, UK B&M, UK Heron, and France B&M.