LEM Holding (FRA:LELA) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is LEM Holding LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. LEM Holding's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

LEM Holding's long-term debt to total assets ratio increased from Mar. 2023 (0.10) to Mar. 2024 (0.10). It may suggest that LEM Holding is progressively becoming more dependent on debt to grow their business.

LEM Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for LEM Holding's LT-Debt-to-Total-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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LEM Holding LT-Debt-to-Total-Asset Chart

LEM Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.09

0.10

LEM Holding Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.10	0.11	0.10

LEM Holding LT-Debt-to-Total-Asset Calculation

LEM Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	36.842	/	356.492
	=	0.10

LEM Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	36.842	/	356.492
	=	0.10

LEM Holding (FRA:LELA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

LEM Holding LT-Debt-to-Total-Asset Related Terms

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LEM Holding (FRA:LELA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LEM Holding SA (FRA:LELA) » Definitions » LT-Debt-to-Total-Asset

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LEHNz:UK LEHN:Switzerland

Address

Route du Nant-d'Avril, 152, Meyrin, CHE, 1217

Website

https://www.lem.com

LEM Holding SA is a Switzerland-based holding company whose subsidiaries manufacture and distribute electrical measurement components for products with automotive, railway, battery monitoring, and wireless submetering network measuring applications. The firm's operations are broadly organized in two segments namely Asia, Europe/Americas, and LEM Group. It derives a majority of its revenue from Asia.

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