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VF (VFC) LT-Debt-to-Total-Asset : 0.42 (As of Sep. 2024)


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What is VF 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. VF's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.42.

VF's long-term debt to total assets ratio declined from Sep. 2023 (0.52) to Sep. 2024 (0.42). It may suggest that VF is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for VF'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.

VF LT-Debt-to-Total-Asset Chart

VF Annual Data
Trend Dec15 Dec16 Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.51 0.42 0.49 0.51

VF 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 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 0.52 0.47 0.51 0.44 0.42

VF LT-Debt-to-Total-Asset Calculation

VF'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 )
=5859.142/11612.963
=0.50

VF'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 )
=5165.154/12219.638
=0.42

* 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.

VF  (NYSE:VFC) 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.

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

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VF Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VF Corp (NYSE:VFC) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
VFC:Mexico 1VFC:Italy 0R30:UK VFP:Germany VFP:Germany VFP:Germany VFP:Germany VFCO34:Brazil VFC:Austria
Address
1551 Wewatta Street, Denver, CO, USA, 80202
Website
https://www.vfc.com
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of about a dozen brands includes Vans, The North Face, Timberland, Altra, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and dispositions.
Executives
Richard Carucci director 1441 GARDINER LANE, LOUISVILLE KY 47113
Bracken Darrell officer: President & Chief Exec Officer 2000 M-63N, BENTON HARBOR MI 49022
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612
Juliana L Chugg director 1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Matthew J Shattock director 510 LAKE COOK ROAD, DEERFIELD IL 60015
Brent Hyder officer: EVP, Chief People Officer 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mark Samuel Hoplamazian director 71 SOUTH WACKER DRIVE, SUITE 4700, CHICAGO IL 60606
Anita Z Graham officer: EVP, CHRO & Public Affairs C/O THE ADT CORPORATION, 1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Beth Otto officer: EVP & Global Brand Pres. TNF C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
W Rodney Mcmullen director 1014 VINE ST, CINCINNATI OH 45202
Alex Cho director HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Matthew H Puckett officer: EVP & Chief Financial Officer 1551 WEWATTA STREET, DENVER CO 80202
Jennifer S. Sim officer: EVP, GC & Secretary 1551 WEWATTA STREET, DENVER CO 80202