LumX Group (XSWX:LUMX) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2019)

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What is LumX Group 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. LumX Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.43.

LumX Group's long-term debt to total assets ratio increased from Dec. 2018 (0.14) to Dec. 2019 (0.43). It may suggest that LumX Group is progressively becoming more dependent on debt to grow their business.

LumX Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for LumX Group'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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LumX Group LT-Debt-to-Total-Asset Chart

LumX Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.14

0.43

LumX Group Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.14	0.32	0.43

LumX Group LT-Debt-to-Total-Asset Calculation

LumX Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	11.878	/	27.458
	=	0.43

LumX Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )	/	Total Assets (Q: Dec. 2019 )
	=	11.878	/	27.458
	=	0.43

LumX Group (XSWX:LUMX) 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.

LumX Group LT-Debt-to-Total-Asset Related Terms

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LumX Group (XSWX:LUMX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » LumX Group Ltd (XSWX:LUMX) » Definitions » LT-Debt-to-Total-Asset

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Address

Martello Court, Admiral Park, Saint Peter Port, GGY, GY1 3HB

Website

http://www.lumxgroup.com

LumX Group Ltd is a holding company, which engages in the provision of investment, risk management, and structuring solutions to a primarily institutional client base. The company offers a full suite of products and services focused on alternative investments, multi-asset portfolio management, and risk management services. It operates through the following geographic areas: Europe, Asia Pacific, the Cayman Islands, North America, and the British Virgin Islands.

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