GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acushnet Holdings Corp (STU:163) » Definitions » LT-Debt-to-Total-Asset

Acushnet Holdings (STU:163) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Acushnet Holdings 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. Acushnet Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

Acushnet Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.32) to Mar. 2024 (0.35). It may suggest that Acushnet Holdings is progressively becoming more dependent on debt to grow their business.


Acushnet Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Acushnet Holdings'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.

Acushnet Holdings LT-Debt-to-Total-Asset Chart

Acushnet Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.17 0.15 0.24 0.31

Acushnet Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 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 0.32 0.28 0.10 0.31 0.35

Acushnet Holdings LT-Debt-to-Total-Asset Calculation

Acushnet Holdings'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 )
=616.058/2014.353
=0.31

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=766.668/2168.402
=0.35

* 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.


Acushnet Holdings  (STU:163) 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.


Acushnet Holdings LT-Debt-to-Total-Asset Related Terms

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


Acushnet Holdings (STU:163) Business Description

Traded in Other Exchanges
Address
333 Bridge Street, Fairhaven, MA, USA, 02719
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

Acushnet Holdings (STU:163) Headlines

No Headlines