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LEE (Lee Enterprises) Debt-to-Asset : 0.73 (As of Jun. 2024)


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What is Lee Enterprises Debt-to-Asset?

Lee Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $10.6 Mil. Lee Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $481.6 Mil. Lee Enterprises's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $677.5 Mil. Lee Enterprises's debt to asset for the quarter that ended in Jun. 2024 was 0.73.


Lee Enterprises Debt-to-Asset Historical Data

The historical data trend for Lee Enterprises'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.

* Premium members only.

Lee Enterprises Debt-to-Asset Chart

Lee Enterprises Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.71 0.65 0.69 0.70

Lee Enterprises Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.70 0.71 0.72 0.73

Competitive Comparison of Lee Enterprises's Debt-to-Asset

For the Publishing subindustry, Lee Enterprises'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.


Lee Enterprises's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lee Enterprises's Debt-to-Asset distribution charts can be found below:

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



Lee Enterprises Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lee Enterprises's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(7.755 + 492.321) / 711.617
=0.70

Lee Enterprises's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(10.638 + 481.577) / 677.455
=0.73

* 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.


Lee Enterprises  (NAS:LEE) 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.


Lee Enterprises Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Lee Enterprises's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Lee Enterprises Business Description

Traded in Other Exchanges
Address
4600 E 53rd Street, Davenport, IA, USA, 52807
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.
Executives
Steven C. Fletcher director C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Shaun Mcalmont director C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Moloney Herbert W Iii director 215 N MAIN STREET, SUITE 400, DAVENPORT IA 52801
Margaret R. Liberman director C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, STE. 600, DAVENPORT IA 52801
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jolene N. Sherman officer: V.P. - Business Development C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Joseph J Battistoni officer: VP - Local Advertising C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Astrid J Garcia officer: VP - Human Resources & Legal C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Nancy S Donovan director
William E Mayer director C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Ray G Farris officer: V.P. & Group Publisher C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Gregory P Schermer director, 10 percent owner, officer: Vice Pres.-Interactive Media C/O LEE ENTERPRISES INCORPORATED, 215 N MAIN STREET STE 400, DAVENPORT IA 52801
Timothy R. Millage officer: V.P., CFO and Treasurer C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Michael R Gulledge officer: Vice President - Publishing C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, DAVENPORT IA 52801-1939