Valvoline (STU:0V4) LT-Debt-to-Total-Asset : 0.55 (As of Sep. 2024)

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What is Valvoline 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. Valvoline's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.55.

Valvoline's long-term debt to total assets ratio declined from Sep. 2023 (0.63) to Sep. 2024 (0.55). It may suggest that Valvoline is progressively becoming less dependent on debt to grow their business.

Valvoline LT-Debt-to-Total-Asset Historical Data

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

Valvoline Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.72

0.58

0.51

0.63

0.55

Valvoline Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.63	0.67	0.44	0.59	0.55

Valvoline LT-Debt-to-Total-Asset Calculation

Valvoline's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	1216.08	/	2197.269
	=	0.55

Valvoline's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1216.08	/	2197.269
	=	0.55

Valvoline (STU:0V4) 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.

Valvoline LT-Debt-to-Total-Asset Related Terms

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Valvoline Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Valvoline Inc (STU:0V4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VVV:USA 0V4:Germany

Address

100 Valvoline Way, Suite 100, Lexington, KY, USA, 40509

Website

https://www.valvoline.com

Valvoline Inc produces, markets, and sells automotive maintenance products, particularly lubricants, to retail outlets installers, and customers. The company offers various products such as engine oil, heavy-duty engine oil, motorcycle oil, grease and brake fluid, and others. Geographically, the majority of the revenue is generated from the United States of America.

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