Switch to:

MSC Industrial Direct Co LT-Debt-to-Total-Asset

: 0.12 (As of May. 2019)
View and export this data going back to 1995. Start your Free Trial

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. MSC Industrial Direct Co's long-term debt to total assests ratio for the quarter that ended in May. 2019 was 0.12.

MSC Industrial Direct Co's long-term debt to total assets ratio increased from May. 2018 (0.11) to May. 2019 (0.12). It may suggest that MSC Industrial Direct Co is progressively becoming more dependent on debt to grow their business.


MSC Industrial Direct Co LT-Debt-to-Total-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

MSC Industrial Direct Co Annual Data
Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.10 0.17 0.10 0.14

MSC Industrial Direct Co Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.14 0.14 0.12 0.12

MSC Industrial Direct Co LT-Debt-to-Total-Asset Calculation

MSC Industrial Direct Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2018 is calculated as

LT Debt to Total Assets (A: Aug. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2018 )/Total Assets (A: Aug. 2018 )
=311.236/2288.727
=0.14

MSC Industrial Direct Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2019 is calculated as

LT Debt to Total Assets (Q: May. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: May. 2019 )/Total Assets (Q: May. 2019 )
=284.691/2324.348
=0.12

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


MSC Industrial Direct Co  (NYSE:MSM) 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.


MSC Industrial Direct Co LT-Debt-to-Total-Asset Related Terms


MSC Industrial Direct Co LT-Debt-to-Total-Asset Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK