LexinFintech Holdings (NAS:LX) Liabilities-to-Assets

: 0.63 (As of Mar. 2023)

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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. LexinFintech Holdings's Total Liabilities for the quarter that ended in Mar. 2023 was $2,261 Mil. LexinFintech Holdings's Total Assets for the quarter that ended in Mar. 2023 was $3,570 Mil. Therefore, LexinFintech Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.63.

LexinFintech Holdings Liabilities-to-Assets Historical Data

The historical data trend for LexinFintech Holdings's Liabilities-to-Assets 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 Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Liabilities-to-Assets

0.67

0.66

0.73

0.62

LexinFintech Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Liabilities-to-Assets																0.61	0.63	0.63	0.62	0.63

Competitive Comparison

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

Annual Data Quarterly Data

LexinFintech Holdings Liabilities-to-Assets Distribution

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

* The bar in red indicates where LexinFintech Holdings's Liabilities-to-Assets falls in comparison to its industry or sector. The grey bar indicates the Liabilities-to-Assets's extreme value range as defined by GuruFocus.

LexinFintech Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

LexinFintech Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )	=	Total Liabilities	/	Total Assets
	=	2025.611	/	3266.162
	=	0.62

LexinFintech Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )	=	Total Liabilities	/	Total Assets
	=	2261.489	/	3569.556
	=	0.63

LexinFintech Holdings (NAS:LX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

LexinFintech Holdings Liabilities-to-Assets Related Terms

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LexinFintech Holdings (NAS:LX) Business Description

Industry

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

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 primarily 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 peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.