Stanley Black & Decker (WBO:SWK) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Stanley Black & Decker 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. Stanley Black & Decker's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.26.

Stanley Black & Decker's long-term debt to total assets ratio increased from Dec. 2022 (0.21) to Dec. 2023 (0.26). It may suggest that Stanley Black & Decker is progressively becoming more dependent on debt to grow their business.

Stanley Black & Decker LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stanley Black & Decker'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.

Stanley Black & Decker LT-Debt-to-Total-Asset Chart

Stanley Black & Decker Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.18

0.15

0.21

0.26

Stanley Black & Decker Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.24	0.25	0.25	0.26

Stanley Black & Decker LT-Debt-to-Total-Asset Calculation

Stanley Black & Decker's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	5594.617	/	21699.705
	=	0.26

Stanley Black & Decker's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	5594.617	/	21699.705
	=	0.26

Stanley Black & Decker (WBO:SWK) 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.

Stanley Black & Decker LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Stanley Black & Decker's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Stanley Black & Decker (WBO:SWK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stanley Black & Decker Inc (WBO:SWK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SWK:USA SWK:Mexico S1WK34:Brazil

Address

1000 Stanley Drive, New Britain, CT, USA, 06053

Website

https://www.stanleyblackanddecker.com

Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates in two reportable segments namely Tools and Outdoor and Industrial. It generates maximum revenue from the Tools and Outdoor segment. The Tools and Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories and Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. Geographically, it derives a majority of its revenue from the United States.