Booz Allen Hamilton Holding (MEX:BAH) LT-Debt-to-Total-Asset : 0.54 (As of Mar. 2024)

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What is Booz Allen Hamilton Holding 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. Booz Allen Hamilton Holding's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.54.

Booz Allen Hamilton Holding's long-term debt to total assets ratio increased from Mar. 2023 (0.45) to Mar. 2024 (0.54). It may suggest that Booz Allen Hamilton Holding is progressively becoming more dependent on debt to grow their business.

Booz Allen Hamilton Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Booz Allen Hamilton Holding'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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Booz Allen Hamilton Holding LT-Debt-to-Total-Asset Chart

Booz Allen Hamilton Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.48

0.46

0.49

0.45

0.54

Booz Allen Hamilton Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.44	0.50	0.55	0.54

Booz Allen Hamilton Holding LT-Debt-to-Total-Asset Calculation

Booz Allen Hamilton Holding'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 )
	=	58619.217	/	108932.64
	=	0.54

Booz Allen Hamilton Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	58619.217	/	108932.64
	=	0.54

Booz Allen Hamilton Holding (MEX:BAH) 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.

Booz Allen Hamilton Holding LT-Debt-to-Total-Asset Related Terms

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Booz Allen Hamilton Holding (MEX:BAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Booz Allen Hamilton Holding Corp (MEX:BAH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BAH:USA BZ9:Germany

Address

8283 Greensboro Drive, Hamilton Building, McLean, VA, USA, 22102

Website

https://www.boozallen.com

Booz Allen Hamilton Holding Corp is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions, and nonprofit organizations. The company assists clients in long-term engagements around the globe.