Eaton (STU:3EC) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is Eaton 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. Eaton's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Eaton's long-term debt to total assets ratio increased from Dec. 2023 (0.23) to Dec. 2024 (0.24). It may suggest that Eaton is progressively becoming more dependent on debt to grow their business.

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

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

Eaton Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.23

0.21

0.25

0.23

0.24

Eaton 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															0.23	0.23	0.23	0.24	0.24

Eaton LT-Debt-to-Total-Asset Calculation

Eaton'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 )
	=	8735.385	/	36653.855
	=	0.24

Eaton'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 )
	=	8735.385	/	36653.855
	=	0.24

Eaton (STU:3EC) 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.

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

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Eaton Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eaton Corp PLC (STU:3EC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ETN:USA ETN1:Mexico 0Y3K:UK 3EC:Germany E1TN34:Brazil

Address

30 Pembroke Road, Eaton House, Dublin, IRL, D04 Y0C2

Website

https://www.eaton.com

Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.

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