LaserBond (ASX:LBL) Debt-to-Asset : 0.25 (As of Dec. 2023)

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What is LaserBond Debt-to-Asset?

LaserBond's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.79 Mil. LaserBond's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$12.02 Mil. LaserBond's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$54.67 Mil. LaserBond's debt to asset for the quarter that ended in Dec. 2023 was 0.25.

LaserBond Debt-to-Asset Historical Data

The historical data trend for LaserBond'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.

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LaserBond Debt-to-Asset Chart

LaserBond Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

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0.17

0.36

0.21

0.23

LaserBond Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.24	0.21	0.25	0.23	0.25

Competitive Comparison of LaserBond's Debt-to-Asset

For the Tools & Accessories subindustry, LaserBond'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.

LaserBond's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LaserBond's Debt-to-Asset distribution charts can be found below:

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

LaserBond Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LaserBond's Debt-to-Asset for the fiscal year that ended in Jun. 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
	=	(2.325	+	9.508)	/	51.832
	=	0.23

LaserBond's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(1.793	+	12.02)	/	54.672
	=	0.25

LaserBond (ASX:LBL) 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.

LaserBond Debt-to-Asset Related Terms

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LaserBond (ASX:LBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LaserBond Ltd (ASX:LBL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/57 Anderson Road, Smeaton Grange, Sydney, NSW, AUS, 2567

Website

https://www.laserbond.com.au

LaserBond Ltd is engaged in the manufacture and reclamation of industrial components and assemblies used in capital-intensive industries and environments such as mining, minerals processing, energy, construction, and primary metals manufacturing. The company's operating segment includes Services, Products, Technology and Research and Development. It generates maximum revenue from the Products segment. Geographically, it operates only in Australia. The company serves Mining, Drilling, Mineral processing, Power Generation, Transport and Marine, Fluid Handling, and Other Industries.

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