RXNPA.PFD (Zurn Elkay Water Solutions) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Zurn Elkay Water Solutions 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. Zurn Elkay Water Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Zurn Elkay Water Solutions's long-term debt to total assets ratio increased from Dec. 2023 (0.20) to Dec. 2024 (0.20). It may suggest that Zurn Elkay Water Solutions is progressively becoming more dependent on debt to grow their business.

Zurn Elkay Water Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zurn Elkay Water Solutions'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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Zurn Elkay Water Solutions LT-Debt-to-Total-Asset Chart

Zurn Elkay Water Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.39

0.50

0.20

Zurn Elkay Water Solutions 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															0.20	0.20	0.20	0.20	0.20

Zurn Elkay Water Solutions LT-Debt-to-Total-Asset Calculation

Zurn Elkay Water Solutions'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 )
	=	538.1	/	2648.5
	=	0.20

Zurn Elkay Water Solutions'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 )
	=	538.1	/	2648.5
	=	0.20

Zurn Elkay Water Solutions (NYSE:RXNpA.PFD) 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.

Zurn Elkay Water Solutions LT-Debt-to-Total-Asset Related Terms

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Zurn Elkay Water Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zurn Elkay Water Solutions Corp (NYSE:RXNpA.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZWS:USA 4RX0:Germany

Address

511 West Freshwater Way, Milwaukee, WI, USA, 53204

Website

https://www.zurnelkay.com

Zurn Elkay Water Solutions Corp designs procures, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The company's product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.

Executives

Emma M Mctague	director	1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jeffrey A Schoon	officer: Executive Vice President	511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Kate Silha	officer: Chief Human Resources Officer	511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Ice Mountain Llc	10 percent owner	C/O THE NORTHERN TRUST COMPANY, 50 S. LASALLE ST., B-3, CHICAGO IL 60603
Ronald C. Katz	10 percent owner	827 S. GARFIELD STREET, HINSDALE IL 60521
Katz 2004 Dyn Trust	10 percent owner	C/O ERROL R. HALPERIN, 444 W. LAKE STREET, SUITE 900, CHICAGO IL 60606
Cascade Bay Llc	10 percent owner	C/O THE NORTHERN TRUST COMPANY, 50 S. LASALLE ST., B-3, CHICAGO IL 60603
Hamilton William Edward Iv	officer: Pres. Elkay Mfg. Company	511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Errol R. Halperin	director	C/O VITAL THERAPIES, INC., 15010 AVENUE OF SCIENCE, SUITE 200, SAN DIEGO CA 92128
Timothy J Jahnke	director	115 ANSLEY WAY, ROSWELL GA 30075
Jeffrey J. Lavalle	officer: VP, General Counsel & Sec'y	511 W. FRESHWATER WAY, MILWAUKEE WI 53204
Todd A. Adams	director, officer: Chairman, President & CEO	4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
George C Moore	director	C/O REXNORD CORPORATION, 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Mark W Peterson	officer: SVP & Chief Financial Officer	4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Craig Wehr	officer: Group Ex., President-Zurn	C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201