Rite Aid (STU:RTA1) Debt-to-Asset : 0.92 (As of Aug. 2023)

View and export this data going back to 1970. Start your Free Trial

What is Rite Aid Debt-to-Asset?

Rite Aid's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was €3,847 Mil. Rite Aid's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was €2,188 Mil. Rite Aid's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Aug. 2023 was €6,534 Mil. Rite Aid's debt to asset for the quarter that ended in Aug. 2023 was 0.92.

Rite Aid Debt-to-Asset Historical Data

The historical data trend for Rite Aid's Debt-to-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.

Rite Aid Debt-to-Asset Chart

Rite Aid Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Asset

Get a 7-Day Free Trial

0.46

0.67

0.69

0.70

0.77

Rite Aid Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Debt-to-Asset	Get a 7-Day Free Trial															0.75	0.76	0.77	0.81	0.92

Competitive Comparison of Rite Aid's Debt-to-Asset

For the Pharmaceutical Retailers subindustry, Rite Aid's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rite Aid's Debt-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rite Aid's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rite Aid's Debt-to-Asset falls into.

Rite Aid Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rite Aid's Debt-to-Asset for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(475.158	+	4960.269)	/	7030.556
	=	0.77

Rite Aid's Debt-to-Asset for the quarter that ended in Aug. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(3847.355	+	2187.66)	/	6534.498
	=	0.92

Rite Aid (STU:RTA1) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Rite Aid Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Rite Aid's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Rite Aid (STU:RTA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rite Aid Corp (STU:RTA1) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

RADCQ:USA RTA1:Germany

Address

1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105

Website

https://www.riteaid.com

Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

Rite Aid (STU:RTA1) Headlines

No Headlines