Lorenzo International (SGX:5IE) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is Lorenzo International 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. Lorenzo International's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Lorenzo International's long-term debt to total assets ratio increased from Sep. 2022 (0.03) to Dec. 2023 (0.04). It may suggest that Lorenzo International is progressively becoming more dependent on debt to grow their business.

Lorenzo International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lorenzo International'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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Lorenzo International LT-Debt-to-Total-Asset Chart

Lorenzo International Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

LT-Debt-to-Total-Asset

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0.01

0.08

Lorenzo International Quarterly Data
	Dec15	Jun16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.04

Lorenzo International LT-Debt-to-Total-Asset Calculation

Lorenzo International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as

LT Debt to Total Assets (A: Mar. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2020 )	/	Total Assets (A: Mar. 2020 )
	=	2.346	/	29.293
	=	0.08

Lorenzo International'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 )
	=	0.995	/	23.252
	=	0.04

Lorenzo International (SGX:5IE) 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.

Lorenzo International LT-Debt-to-Total-Asset Related Terms

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Lorenzo International (SGX:5IE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lorenzo International Ltd (SGX:5IE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 International Road, No. 02-00, Singapore, SGP, 629175

Website

https://www.lorenzo-international.com

Lorenzo International Ltd is a branded lifestyle furniture retailer. The company sells its products under the Lorenzo brand name grouped under two main collections - Dante for classic leather sofas and Enzo for wood-based products. The group is organized into the following reportable operating segments: Furniture, and Building Materials. The company distributes its products across Singapore, Malaysia, Taiwan, China, and other regions. The company generates maximum revenue from Malaysia followed by Taiwan and Singapore.

Lorenzo International (SGX:5IE) Headlines

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