Berkshire Hathaway (NEOE:BRK) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Berkshire Hathaway 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. Berkshire Hathaway's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Berkshire Hathaway's long-term debt to total assets ratio declined from Dec. 2022 (0.13) to Dec. 2023 (0.12). It may suggest that Berkshire Hathaway is progressively becoming less dependent on debt to grow their business.

Berkshire Hathaway LT-Debt-to-Total-Asset Historical Data

The historical data trend for Berkshire Hathaway'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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Berkshire Hathaway LT-Debt-to-Total-Asset Chart

Berkshire Hathaway Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.13

0.12

0.13

0.12

Berkshire Hathaway Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.12	0.12	0.12	0.12

Berkshire Hathaway LT-Debt-to-Total-Asset Calculation

Berkshire Hathaway'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 )
	=	164930.938	/	1435482.485
	=	0.11

Berkshire Hathaway'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 )
	=	164930.938	/	1435482.485
	=	0.11

Berkshire Hathaway (NEOE:BRK) 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.

Berkshire Hathaway LT-Debt-to-Total-Asset Related Terms

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Berkshire Hathaway (NEOE:BRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Berkshire Hathaway Inc (NEOE:BRK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BRK.B:USA BRK.A:USA BRK_B:Peru BRKB:Mexico 1BRK:Italy BRYNd:UK 0R37:UK BRYN:Germany BERK34:Brazil BRKB:Austria BRKB:Argentina

Address

3555 Farnam Street, Omaha, NE, USA, 68131

Website

https://www.berkshirehathaway.com

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.

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