LightPath Technologies (FRA:LPZB) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

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What is LightPath Technologies 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. LightPath Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

LightPath Technologies's long-term debt to total assets ratio increased from Dec. 2023 (0.17) to Dec. 2024 (0.18). It may suggest that LightPath Technologies is progressively becoming more dependent on debt to grow their business.

LightPath Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for LightPath Technologies'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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LightPath Technologies LT-Debt-to-Total-Asset Chart

LightPath Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.12

0.23

0.25

0.19

LightPath Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.18	0.19	0.18	0.18

LightPath Technologies LT-Debt-to-Total-Asset Calculation

LightPath Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	8.28	/	44.673
	=	0.19

LightPath Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	7.886	/	43.766
	=	0.18

LightPath Technologies (FRA:LPZB) 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.

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LightPath Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LightPath Technologies Inc (FRA:LPZB) » Definitions » LT-Debt-to-Total-Asset

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LPTH:USA

Address

2603 Challenger Tech Court, Suite 100, Orlando, FL, USA, 32826

Website

https://www.lightpath.com

LightPath Technologies Inc is a manufacturer, distributor, and integrator of proprietary optical components and assemblies. It is also engaged in the research and development for optical solutions for the traditional optics markets and communications markets. The company's business based on the following product groups: precision molded optics, specialty products, and infrared products. It currently serves the following major markets, distribution and catalog, laser, industrial, instrumentation, telecommunications, and defense.

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