Emerson Electric Co (WBO:EMR) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)

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What is Emerson Electric Co 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. Emerson Electric Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

Emerson Electric Co's long-term debt to total assets ratio declined from Mar. 2023 (0.24) to Mar. 2024 (0.18). It may suggest that Emerson Electric Co is progressively becoming less dependent on debt to grow their business.

Emerson Electric Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Emerson Electric Co'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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Emerson Electric Co LT-Debt-to-Total-Asset Chart

Emerson Electric Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.21

0.29

0.25

0.24

0.19

Emerson Electric Co 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															0.24	0.18	0.19	0.17	0.18

Emerson Electric Co LT-Debt-to-Total-Asset Calculation

Emerson Electric Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	7509.118	/	40053.002
	=	0.19

Emerson Electric Co'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 )
	=	7475	/	42724.8
	=	0.17

Emerson Electric Co (WBO:EMR) 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.

Emerson Electric Co LT-Debt-to-Total-Asset Related Terms

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Emerson Electric Co (WBO:EMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Emerson Electric Co (WBO:EMR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EMR:USA EMR:Mexico 1EMR:Italy EMR:Germany E1MR34:Brazil

Address

8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, USA, 63136

Website

https://www.emerson.com

Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.