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How do you determine total debt for for debt ratio?; FOREX-Euro up on short covering, vulnerable to debt fear

Question by Sarah R: 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!

Best answer:

Answer by Jenna M
There should be a line for total liabilities. Use that, not current liabilities

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FOREX-Euro up on short covering, vulnerable to debt fear
Euro boosted by short covering, downside risks seen * Dollar index near 6-week high as US debt concerns weigh * Little reaction to jump in yields at Spanish auction By Nia Williams LONDON, Nov 22 (Reuters) – The euro rose on Tuesday as investors
Read more on Reuters

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