Richelieu Hardware (TSX:RCH) LT-Debt-to-Total-Asset : 0.13 (As of Feb. 2025)

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What is Richelieu Hardware 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. Richelieu Hardware's long-term debt to total assests ratio for the quarter that ended in Feb. 2025 was 0.13.

Richelieu Hardware's long-term debt to total assets ratio increased from Feb. 2024 (0.13) to Feb. 2025 (0.13). It may suggest that Richelieu Hardware is progressively becoming more dependent on debt to grow their business.

Richelieu Hardware LT-Debt-to-Total-Asset Historical Data

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

Richelieu Hardware Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

LT-Debt-to-Total-Asset

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0.08

0.11

0.12

Richelieu Hardware Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.12	0.12	0.12	0.13

Richelieu Hardware LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2024 )	/	Total Assets (A: Nov. 2024 )
	=	166.169	/	1394.129
	=	0.12

Richelieu Hardware's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (Q: Feb. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2025 )	/	Total Assets (Q: Feb. 2025 )
	=	190.743	/	1480.142
	=	0.13

Richelieu Hardware (TSX:RCH) 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.

Richelieu Hardware LT-Debt-to-Total-Asset Related Terms

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Richelieu Hardware Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Richelieu Hardware Ltd (TSX:RCH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RHUHF:USA 3R2:Germany

Address

7900 Henri-Bourassa Boulevard West, Ville Saint-Laurent, Montreal, QC, CAN, H4S 1V4

Website

https://www.richelieu.com

Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada. Richelieu's products include furniture, bathroom cabinet, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm majorly serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers and renovation superstores.

Executives

Antoine Auclair	Senior Officer
Guy Grenier	Senior Officer
Lucie Chabot	Director
Marc Poulin	Director
Yannick Godeau	Senior Officer
Richard Lord	Director, Senior Officer
Mathieu Gauvin	Director
Geneviève Quevillon	Senior Officer

Richelieu Hardware Headlines

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