Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

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What is Lvmh Moet Hennessy Louis Vuitton SE 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. Lvmh Moet Hennessy Louis Vuitton SE's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Lvmh Moet Hennessy Louis Vuitton SE's long-term debt to total assets ratio increased from Dec. 2022 (0.17) to Dec. 2023 (0.17). It may suggest that Lvmh Moet Hennessy Louis Vuitton SE is progressively becoming more dependent on debt to grow their business.

Lvmh Moet Hennessy Louis Vuitton SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE LT-Debt-to-Total-Asset Chart

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.23

0.19

0.17

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.18	0.17	0.16	0.17

Lvmh Moet Hennessy Louis Vuitton SE LT-Debt-to-Total-Asset Calculation

Lvmh Moet Hennessy Louis Vuitton SE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	27303.162	/	156700.109
	=	0.17

Lvmh Moet Hennessy Louis Vuitton SE'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 )
	=	27303.162	/	156700.109
	=	0.17

Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) 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.

Lvmh Moet Hennessy Louis Vuitton SE LT-Debt-to-Total-Asset Related Terms

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Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LVMHF:USA LVMH01:Thailand MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.