How do you determine total debt for for debt ratio?
Tuesday, May 25th, 2010 at
4:04 am
Sarah R asked:
Im having trouble determining the total for the debt ratio of total debt divided by total assets. I need Wal-Marts total debt, but not sure what categories on the balance sheet are included.
Do I add total current liabilities, long term debt, long term obligations under capital leases, deferred income taxes and other, minority interest? I just need to know what to add up to get the total debt for Wal-Mart 2008. Thank you!
Jimmy
Im having trouble determining the total for the debt ratio of total debt divided by total assets. I need Wal-Marts total debt, but not sure what categories on the balance sheet are included.
Do I add total current liabilities, long term debt, long term obligations under capital leases, deferred income taxes and other, minority interest? I just need to know what to add up to get the total debt for Wal-Mart 2008. Thank you!
Jimmy
Tagged with: Assets • Term Debt • Total Current Liabilities
Filed under: Personal Finance
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Bernard
There should be a line for total liabilities. Use that, not current liabilities