Croda International (LSE:CRDA) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

View and export this data going back to 1964. Start your Free Trial

What is Croda International 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. Croda International's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Croda International's long-term debt to total assets ratio increased from Dec. 2022 (0.13) to Dec. 2023 (0.18). It may suggest that Croda International is progressively becoming more dependent on debt to grow their business.

Croda International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Croda International'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.

Croda International LT-Debt-to-Total-Asset Chart

Croda International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.28

0.27

0.13

0.18

Croda International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.24	0.13	0.19	0.18

Croda International LT-Debt-to-Total-Asset Calculation

Croda International'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 )
	=	659.7	/	3579.2
	=	0.18

Croda International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	659.7	/	3579.2
	=	0.18

Croda International (LSE:CRDA) 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.

Croda International LT-Debt-to-Total-Asset Related Terms

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

Croda International (LSE:CRDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Croda International PLC (LSE:CRDA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

COIHY:USA COIHF:USA CRDAl:UK 6CMB:Germany

Address

Cowick Hall, Snaith, Goole, East Yorkshire, GBR, DN14 9AA

Website

https://www.croda.com

Croda is a British specialty chemicals company with 60% of sales outside Europe. Croda operates through three segments: consumer care, life sciences, and industrial specialties. Consumer care produces specialty and active ingredients for cosmetics and skincare/haircare and also flavors and fragrances. The life sciences business manufactures products for healthcare and agrochemicals. The company sold the majority of its industrial businesses to Cargill in 2022, retaining only a subsegment of the business (housed under the industrial specialties segment) that supports the other two segments and sells their byproducts.

Croda International (LSE:CRDA) Headlines

No Headlines