The Lottery (ASX:TLC) Debt-to-Asset : 0.46 (As of Jun. 2026)

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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
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:TLC The Lottery Corp Ltd ASX:TLC
60 GF Score
Price A$5.20
GF Value A$5.27
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is The Lottery Debt-to-Asset?

The Lottery ASX:TLC -2.99% 60 Debt-to-Asset is 0.46 as of Jun. 2026. GuruFocus rates ASX:TLC with a GF Score™ of 60/100 and a GF Value™ of A$5.27 (Fairly Valued). The stock has 2 warning signs investors should review.

The Lottery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$13 Mil. The Lottery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$2,482 Mil. The Lottery's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was A$5,458 Mil. The Lottery's debt to asset for the quarter that ended in Jun. 2026 was 0.46.

The Lottery  (ASX:TLC) 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.

The Lottery Debt-to-Asset Related Terms

The Lottery Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for The Lottery'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.

The Lottery Debt-to-Asset Chart

The Lottery Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-Asset
0.59 1.06 0.57 0.57 0.46

The Lottery Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.61 0.57 0.57 0.46

ASX:TLC vs FLUT, DKNG, SGHC: Debt-to-Asset Comparison

For the Gambling subindustry, The Lottery'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.

The Lottery Debt-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where The Lottery's Debt-to-Asset falls into.


ASX:TLC
60GF Score
The Lottery Corp Ltd ASX:TLC
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Lottery Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

The Lottery's Debt-to-Asset for the fiscal year that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(13.4 + 2481.7) / 5457.5
=0.46

The Lottery's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(13.4 + 2481.7) / 5457.5
=0.46

* 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 0.46 mean?
The Lottery (ASX:TLC) has a Debt-to-Asset of 0.46 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The Lottery and its competitors.
Is The Lottery's Debt-to-Asset too high?
The Lottery's current Debt-to-Asset is 0.46. Overall, The Lottery has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Lottery's Debt-to-Asset compare to FLUT and DKNG?
The Lottery's Debt-to-Asset of 0.46 can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Debt-to-Asset depends on the Travel & Leisure 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 The Lottery and its competitors. The Lottery's current Debt-to-Asset is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lottery stock overvalued right now?
Based on GuruFocus' analysis, The Lottery (ASX:TLC) is currently considered Fairly Valued. The stock's GF Value™ is A$5.27, compared to a current price of A$5.20 — trading 1.3% below its estimated fair value. The current Debt-to-Asset is 0.46. The Lottery's overall GF Score™ is 60/100 with 2 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 The Lottery (ASX:TLC), the current Debt-to-Asset is 0.46 as of Jun. 2026. 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 The Lottery (ASX:TLC) Overvalued in 2026?

Based on GuruFocus' analysis, The Lottery stock appears to be undervalued. The current stock price of A$5.20 is trading 1.3% below its estimated GF Value™ of A$5.27. GuruFocus considers The Lottery to be Fairly Valued.

Key valuation signals for ASX:TLC:

  • Debt-to-Asset: 0.46
  • GF Value™: A$5.27 vs. price of A$5.20 (1.3% below fair value)
  • GF Score™: 60/100 with 2 warning signs

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

The Lottery Business Description

Address 180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000
The Lottery Corporation is Australia's largest provider of lottery, keno, and instant-scratch products, with long-dated and/or exclusive licenses for the lottery in all Australian states and territories except Western Australia, and in most states and territories for keno. Lottery Corp has a distribution network of more than 3,800 franchised retailers that sell instant-scratch and lottery products through vendors such as newsstands, gas stations, pharmacies, and convenience stores, as well as online sales. Keno is sold in over 3,400 bars and clubs.
60GF Score

Get the complete analysis for ASX:TLC

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

A$5.20
Price
A$5.27
GF Value