Regal Rexnord (Regal Rexnord) LT-Debt-to-Total-Asset : 0.42 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

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. 2023 was 0.42.

Regal Rexnord's long-term debt to total assets ratio increased from Dec. 2022 (0.20) to Dec. 2023 (0.42). It may suggest that Regal Rexnord is progressively becoming more 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.

* Premium members only.

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

Regal Rexnord Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.20

0.19

0.20

0.42

Regal Rexnord 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															0.20	0.44	0.43	0.43	0.42

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. 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 )
	=	6509.2	/	15431.4
	=	0.42

Regal Rexnord'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 )
	=	6509.2	/	15431.4
	=	0.42

Regal Rexnord (NYSE: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

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

Regal Rexnord (Regal Rexnord) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RRX:Mexico RB8:Germany

Address

200 State Street, Beloit, WI, USA, 53511

Website

https://www.regalrexnord.com

Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and 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.

Executives

Theodore D Crandall	director	C/O ROCKWELL AUTOMATION INC, 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Timothy A. Dickson	officer: SVP & Chief Digi & Info Ofc*	111 WEST MICHIGAN STREET, MILWAUKEE WI 53203
John Avampato	officer: VP & Chief Information Officer	200 STATE STREET, BELOIT WI 53511
Brooke Lang	officer: EVP and President, PES*	2090 BLAIRMONT DR, PITTSBURGH PA 15241
Michael P Doss	director	814 LIVINGSTON COURT, MARIETTA GA 30067
Alexander P Scarpelli	officer: VP, Corp. Controller and CAO*	200 STATE STREET, BELOIT WI 53511
John C Kunze	officer: Segment President*	200 STATE STREET, BELOIT WI 53511
Curtis W Stoelting	director	C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Christopher L Doerr	director
Kevin J Zaba	officer: President, Motion Control Sol.	C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Daniel J Klun	officer: VP, Corporate Controller	200 STATE STREET, BELOIT WI 53511
Robin A Walker-lee	director	C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Scott Douglas Brown	officer: Segment President*	200 STATE STREET, BELOIT WI 53511
Dean A Foate	director
Eric S Mcginnis	officer: Segment President*	200 STATE STREET, BELOIT WI 53511