Regal Rexnord (MEX:RRX) LT-Debt-to-Total-Asset : 0.40 (As of Dec. 2024)

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What is Regal Rexnord 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. Regal Rexnord's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.40.

Regal Rexnord's long-term debt to total assets ratio declined from Dec. 2023 (0.42) to Dec. 2024 (0.40). It may suggest that Regal Rexnord is progressively becoming less dependent on debt to grow their business.

Regal Rexnord LT-Debt-to-Total-Asset Historical Data

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

Regal Rexnord Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.20

0.19

0.20

0.42

0.40

Regal Rexnord 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															0.42	0.42	0.40	0.40	0.40

Regal Rexnord LT-Debt-to-Total-Asset Calculation

Regal Rexnord'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 )
	=	116099.511	/	292682.637
	=	0.40

Regal Rexnord'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 )
	=	116099.511	/	292682.637
	=	0.40

Regal Rexnord (MEX:RRX) 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.

Regal Rexnord LT-Debt-to-Total-Asset Related Terms

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Regal Rexnord Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Regal Rexnord Corp (MEX:RRX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RRX:USA

Address

111 West Michigan Street, Milwaukee, WI, USA, 53203

Website

https://www.regalrexnord.com

Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors, electronic controls, air-moving products, and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions.