Lululemon Athletica (FRA:33L) LT-Debt-to-Total-Asset : 0.16 (As of Jan. 2024)

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What is Lululemon Athletica 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. Lululemon Athletica's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.16.

Lululemon Athletica's long-term debt to total assets ratio increased from Jan. 2023 (0.15) to Jan. 2024 (0.16). It may suggest that Lululemon Athletica is progressively becoming more dependent on debt to grow their business.

Lululemon Athletica LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lululemon Athletica'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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Lululemon Athletica LT-Debt-to-Total-Asset Chart

Lululemon Athletica Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.19

0.15

0.14

0.15

0.16

Lululemon Athletica Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.16	0.16	0.16	0.16

Lululemon Athletica LT-Debt-to-Total-Asset Calculation

Lululemon Athletica's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	1059.383	/	6510.402
	=	0.16

Lululemon Athletica's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	1059.383	/	6510.402
	=	0.16

Lululemon Athletica (FRA:33L) 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.

Lululemon Athletica LT-Debt-to-Total-Asset Related Terms

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Lululemon Athletica (FRA:33L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lululemon Athletica Inc (FRA:33L) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LULU:USA LULU:Mexico 33L:Germany L1UL34:Brazil LULU:Austria

Address

1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7

Website

https://www.lululemon.com

Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.

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