LexinFintech Holdings (LexinFintech Holdings) Debt-to-Revenue : 0.47 (As of Sep. 2023)

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What is LexinFintech Holdings Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

LexinFintech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $746 Mil. LexinFintech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $164 Mil. LexinFintech Holdings's annualized Revenue for the quarter that ended in Sep. 2023 was $1,923 Mil. LexinFintech Holdings's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 0.47.

LexinFintech Holdings Debt-to-Revenue Historical Data

The historical data trend for LexinFintech Holdings's Debt-to-Revenue 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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LexinFintech Holdings Debt-to-Revenue Chart

LexinFintech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Revenue

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0.69

0.78

0.80

0.66

0.94

LexinFintech Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Revenue	Get a 7-Day Free Trial															0.88	0.76	0.84	0.69	0.47

Competitive Comparison of LexinFintech Holdings's Debt-to-Revenue

For the Credit Services subindustry, LexinFintech Holdings's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

LexinFintech Holdings's Debt-to-Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's Debt-to-Revenue falls into.

LexinFintech Holdings Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

LexinFintech Holdings's Debt-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(1099.817	+	227.703)	/	1415.123
	=	0.94

LexinFintech Holdings's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(746.358	+	164.478)	/	1923.256
	=	0.47

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2023) Revenue data.

LexinFintech Holdings Debt-to-Revenue Related Terms

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LexinFintech Holdings (LexinFintech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering with peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.