Lions Gate Entertainment (FRA:LGNB) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2023)

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What is Lions Gate Entertainment 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. Lions Gate Entertainment's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.39.

Lions Gate Entertainment's long-term debt to total assets ratio declined from Dec. 2022 (0.41) to Dec. 2023 (0.39). It may suggest that Lions Gate Entertainment is progressively becoming less dependent on debt to grow their business.

Lions Gate Entertainment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lions Gate Entertainment'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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Lions Gate Entertainment LT-Debt-to-Total-Asset Chart

Lions Gate Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.36

0.35

0.34

0.32

0.40

Lions Gate Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.40	0.37	0.39	0.39

Lions Gate Entertainment LT-Debt-to-Total-Asset Calculation

Lions Gate Entertainment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	2796.956	/	6936.071
	=	0.40

Lions Gate Entertainment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2560.814	/	6560.86
	=	0.39

Lions Gate Entertainment (FRA:LGNB) 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.

Lions Gate Entertainment LT-Debt-to-Total-Asset Related Terms

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Lions Gate Entertainment (FRA:LGNB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (FRA:LGNB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LGF.A:USA LGF.B:USA LGNA:Germany

Address

250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8

Website

https://www.lionsgate.com

Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

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