GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Live Ventures Inc (NAS:LIVE) » Definitions » LT-Debt-to-Total-Asset

Live Ventures (Live Ventures) LT-Debt-to-Total-Asset

: 0.50 (As of Dec. 2023)
View and export this data going back to 1995. Start your Free Trial

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. Live Ventures's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.50.

Live Ventures's long-term debt to total assets ratio increased from Dec. 2022 (0.40) to Dec. 2023 (0.50). It may suggest that Live Ventures is progressively becoming more dependent on debt to grow their business.


Live Ventures LT-Debt-to-Total-Asset Historical Data

The historical data trend for Live Ventures'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.

* Premium members only.

Live Ventures Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
LT-Debt-to-Total-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.48 0.33 0.41 0.49

Live Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.47 0.47 0.49 0.50

Live Ventures LT-Debt-to-Total-Asset Calculation

Live Ventures's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )/Total Assets (A: Sep. 2023 )
=205.72/421.815
=0.49

Live Ventures's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=216.22/436.649
=0.50

* 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.


Live Ventures  (NAS:LIVE) 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.


Live Ventures LT-Debt-to-Total-Asset Related Terms

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


Live Ventures (Live Ventures) Business Description

Traded in Other Exchanges
Address
325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.
Executives
John Isaac director, 10 percent owner 501 W. BROADWAY, SUITE A212, SAN DIEGO CA 92101
Dennis Gao director 325 E. WARM SPRINGS ROAD, SUITE 102, LAS VEGAS NV 89119
David Lee Verret officer: Chief Accounting Officer 5900 COPPER CANYON DR., THE COLONY TX 75056
Michael Jason Stein officer: Sr. VP, General Counsel 325 E WARM SPRINGS ROAD, LAS VEGAS NV 89119
Rodney Dale Spriggs officer: CEO, Vintage Stock, Inc. 3703 RED FOX RUN, JOPLIN MO 64804
Eric Adam Althofer officer: COO 7707 DEERFIELD MANOR DR, CHARLOTTE NC 28270
Thomas Robert Sedlak officer: CEO Precision Industries, Inc. 87 PORTER HILL ROAD, WASHINGTON PA 15301
Godfrey Weston A Jr officer: CEO, Marquis Industries, Inc. PO BOX 1308, CHATSWORTH GA 30705
Virland A Johnson officer: Chief Financial Officer 20488 N 86 LANE, PEORIA AZ 85382
Richard Butler director 4840 EAST JASMINE ST., SUITE 105, MESA AZ 85205
Tyler Sickmeyer director 1440 HOTEL CIRCLE NORTH, #423, SAN DIEGO CA 92108
Isaac Capital Group, Llc 10 percent owner 501 W. BROADWAY, #A212, SAN DIEGO CA 92101
Clarke Thomas J Jr director 11534 VILLA VASARI, PALM BEACH GARDENS FL 33418
Antonios Isaac director 3525 DEL MAR HEIGHTS RD., #765, SAN DIEGO CA 92130
John Kocmur director, 10 percent owner 2490 EAST SUNSET ROAD, SUITE 100, LAS VEGAS NV 89120

Live Ventures (Live Ventures) Headlines

From GuruFocus

Live Ventures Announces Acquisition of Flooring Liquidators, Inc. for $84 million

By Stock market mentor Stock market mentor 01-19-2023

Live Ventures Celebrates 15 Years Listed on Nasdaq

By sperokesalga sperokesalga 02-16-2023

Live Ventures Announces Acquisition of The Kinetic Co., Inc.

By GuruFocusNews GuruFocusNews 07-10-2022

Live Ventures Announces Release Date for Results for Fiscal Year 2021

By GuruFocusNews GuruFocusNews 12-15-2021