Arrow Electronics (LTS:0HI1) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Arrow Electronics 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. Arrow Electronics's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Arrow Electronics's long-term debt to total assets ratio declined from Sep. 2023 (0.13) to Sep. 2024 (0.11). It may suggest that Arrow Electronics is progressively becoming less dependent on debt to grow their business.

Arrow Electronics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arrow Electronics'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.

Arrow Electronics LT-Debt-to-Total-Asset Chart

Arrow Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.12

0.15

0.10

Arrow Electronics 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															0.13	0.10	0.13	0.12	0.11

Arrow Electronics LT-Debt-to-Total-Asset Calculation

Arrow Electronics'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 )
	=	2153.553	/	21726.168
	=	0.10

Arrow Electronics'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 )
	=	2363.241	/	20934.649
	=	0.11

Arrow Electronics (LTS:0HI1) 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.

Arrow Electronics LT-Debt-to-Total-Asset Related Terms

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

Arrow Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arrow Electronics Inc (LTS:0HI1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ARW:USA ARW:Germany

Address

9201 East Dry Creek Road, Centennial, CO, USA, 80112

Website

https://investor.arrow.com

Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.

Arrow Electronics Headlines

No Headlines