Lenta IPJSC (FRA:17LA) LT-Debt-to-Total-Asset : 0.34 (As of Jun. 2023)

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What is Lenta IPJSC LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Lenta IPJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.34.

Lenta IPJSC's long-term debt to total assets ratio declined from Dec. 2021 (0.35) to Jun. 2023 (0.34). It may suggest that Lenta IPJSC is progressively becoming less dependent on debt to grow their business.

Lenta IPJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lenta IPJSC's LT-Debt-to-Total-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.

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Lenta IPJSC LT-Debt-to-Total-Asset Chart

Lenta IPJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.25

0.38

0.34

0.28

0.35

Lenta IPJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.33	0.35	-	0.34

Lenta IPJSC LT-Debt-to-Total-Asset Calculation

Lenta IPJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	1449.111	/	4109.149
	=	0.35

Lenta IPJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	1284.313	/	3773.496
	=	0.34

Lenta IPJSC (FRA:17LA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Lenta IPJSC LT-Debt-to-Total-Asset Related Terms

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Lenta IPJSC (FRA:17LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lenta IPJSC (FRA:17LA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LENT:Russia

Address

112B & 119 Savushkina Street, Saint Petersburg, RUS, 197374

Website

https://corp.lenta.com

Lenta IPJSC, formerly Lenta PLC operates a chain of retail stores in Russia. The company operates more than 200 hypermarkets in Russia. It also has more than 100 supermarkets in Moscow and St. Petersburg. Through its hypermarkets and supermarkets, it sells products varying from household goods, daily need products, food, and drinks. Revenues are generated by the sale of these products directly to the consumer.

Lenta IPJSC (FRA:17LA) Headlines

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