L1 Long Short Fund (ASX:LSF) Debt-to-Asset : 0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:LSF L1 Long Short Fund Ltd ASX:LSF
62 GF Score
Price A$4.37
GF Value A$13.42
Valuation Significantly Undervalued
! 4 Warning Signs
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What is L1 Long Short Fund Debt-to-Asset?

L1 Long Short Fund ASX:LSF +2.58% 62 Debt-to-Asset is 0.00 as of Dec. 2025. GuruFocus rates ASX:LSF with a GF Score™ of 62/100 and a GF Value™ of A$13.42 (Significantly Undervalued). The stock has 4 warning signs investors should review.

L1 Long Short Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.0 Mil. L1 Long Short Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.0 Mil. L1 Long Short Fund's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was A$5,925.2 Mil. L1 Long Short Fund's debt to asset for the quarter that ended in Dec. 2025 was 0.00.


L1 Long Short Fund  (ASX:LSF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


L1 Long Short Fund Debt-to-Asset Related Terms


L1 Long Short Fund Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for L1 Long Short Fund's Debt-to-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.

L1 Long Short Fund Debt-to-Asset Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

L1 Long Short Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.00 0.22 0.00 0.00

ASX:LSF vs BLK, BX, KKR: Debt-to-Asset Comparison

For the Asset Management subindustry, L1 Long Short Fund's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


L1 Long Short Fund Debt-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Long Short Fund's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where L1 Long Short Fund's Debt-to-Asset falls into.


ASX:LSF
62GF Score
L1 Long Short Fund Ltd ASX:LSF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L1 Long Short Fund Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

L1 Long Short Fund's Debt-to-Asset for the fiscal year that ended in Jun. 2025 is calculated as

L1 Long Short Fund's Debt-to-Asset for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.00 mean?
L1 Long Short Fund (ASX:LSF) has a Debt-to-Asset of 0.00 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on L1 Long Short Fund and its competitors.
Is L1 Long Short Fund's Debt-to-Asset too high?
L1 Long Short Fund's current Debt-to-Asset is 0.00. Overall, L1 Long Short Fund has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L1 Long Short Fund's Debt-to-Asset compare to BLK and BX?
L1 Long Short Fund's Debt-to-Asset of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Asset Management company?
A good Debt-to-Asset depends on the Asset Management industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on L1 Long Short Fund and its competitors. L1 Long Short Fund's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Long Short Fund stock overvalued right now?
Based on GuruFocus' analysis, L1 Long Short Fund (ASX:LSF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$13.42, compared to a current price of A$4.37 — trading 67.4% below its estimated fair value. The current Debt-to-Asset is 0.00. L1 Long Short Fund's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For L1 Long Short Fund (ASX:LSF), the current Debt-to-Asset is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is L1 Long Short Fund (ASX:LSF) Overvalued in 2026?

Based on GuruFocus' analysis, L1 Long Short Fund stock appears to be undervalued. The current stock price of A$4.37 is trading 67.4% below its estimated GF Value™ of A$13.42. GuruFocus considers L1 Long Short Fund to be Significantly Undervalued.

Key valuation signals for ASX:LSF:

  • Debt-to-Asset: 0.00
  • GF Value™: A$13.42 vs. price of A$4.37 (67.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the ASX:LSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L1 Long Short Fund Business Description

Address 101 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry, being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.
62GF Score

Get the complete analysis for ASX:LSF

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.37
Price
A$13.42
GF Value