LICT (LICT) Debt-to-Asset : 0.15 (As of Dec. 2018)

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.
Reviewed by: Charlie Tian Charlie Tian
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.

What is LICT Debt-to-Asset?

LICT LICT +2.36% Debt-to-Asset is 0.15 as of Dec. 2018.

LICT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $2.3 Mil. LICT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $28.7 Mil. LICT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2018 was $205.1 Mil. LICT's debt to asset for the quarter that ended in Dec. 2018 was 0.15.

LICT  (OTCPK:LICT) 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.

LICT Debt-to-Asset Related Terms

LICT Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for LICT'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.

LICT Debt-to-Asset Chart

LICT Annual Data
Trend Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.15 0.23 0.17 0.15

LICT Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.17 0.16 0.11 0.10 0.15

LICT vs RDCM: Debt-to-Asset Comparison

For the Telecom Services subindustry, LICT'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.

LICT Debt-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LICT's Debt-to-Asset distribution charts can be found below:

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


LICT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LICT's Debt-to-Asset for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.276 + 28.7) / 205.091
=0.15

LICT's Debt-to-Asset for the quarter that ended in Dec. 2018 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.275 + 28.701) / 205.092
=0.15

* 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 0.15 mean?
LICT (LICT) has a Debt-to-Asset of 0.15 as of Dec. 2018. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on LICT and its competitors.
Is LICT's Debt-to-Asset too high?
LICT's current Debt-to-Asset is 0.15.
How does LICT's Debt-to-Asset compare to RDCM?
LICT's Debt-to-Asset of 0.15 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Debt-to-Asset depends on the Telecommunication Services 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 LICT and its competitors. LICT's current Debt-to-Asset is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LICT stock overvalued right now?
LICT (LICT) has a current Debt-to-Asset of 0.15. The current Debt-to-Asset is 0.15. 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 LICT (LICT), the current Debt-to-Asset is 0.15 as of Dec. 2018. 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.

LICT Business Description

Address 401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430
LICT Corp is a United States-based integrated provider of broadband, voice, and video services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The company also provides a number of other services, including video services through both traditional cable television services and Internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.