Colruyt Group NV (STU:EFC1) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is Colruyt Group NV 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. Colruyt Group NV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Colruyt Group NV's long-term debt to total assets ratio declined from Mar. 2023 (0.14) to Mar. 2024 (0.12). It may suggest that Colruyt Group NV is progressively becoming less dependent on debt to grow their business.

Colruyt Group NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Colruyt Group NV'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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Colruyt Group NV LT-Debt-to-Total-Asset Chart

Colruyt Group NV Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.05

0.12

0.14

0.12

Colruyt Group NV Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.10	0.14	0.13	0.12

Colruyt Group NV LT-Debt-to-Total-Asset Calculation

Colruyt Group NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	806.3	/	6571.2
	=	0.12

Colruyt Group NV'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 )
	=	806.3	/	6571.2
	=	0.12

Colruyt Group NV (STU:EFC1) 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.

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Colruyt Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (STU:EFC1) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CUYTY:USA COLRb:UK 0N4Y:UK EFC1:Germany COLR:Belgium

Address

Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500

Website

https://www.colruytgroup.com

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

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