How Do You Determine Total Debt For For Debt Ratio?
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!
February 10th, 2010 at 3:14 pm
There should be a line for total liabilities. Use that, not current liabilities