GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Levi Strauss & Co (FRA:LV2B) » Definitions » LT-Debt-to-Total-Asset

Levi Strauss (FRA:LV2B) LT-Debt-to-Total-Asset : 0.32 (As of Aug. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Levi Strauss 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. Levi Strauss's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.32.

Levi Strauss's long-term debt to total assets ratio increased from Aug. 2023 (0.31) to Aug. 2024 (0.32). It may suggest that Levi Strauss is progressively becoming more dependent on debt to grow their business.


Levi Strauss LT-Debt-to-Total-Asset Historical Data

The historical data trend for Levi Strauss'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.

* Premium members only.

Levi Strauss LT-Debt-to-Total-Asset Chart

Levi Strauss Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.43 0.34 0.31 0.32

Levi Strauss Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.32 0.32 0.31 0.32

Levi Strauss LT-Debt-to-Total-Asset Calculation

Levi Strauss's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )/Total Assets (A: Nov. 2023 )
=1776.39/5593.526
=0.32

Levi Strauss's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )/Total Assets (Q: Aug. 2024 )
=1805.293/5671.925
=0.32

* 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.


Levi Strauss  (FRA:LV2B) 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.


Levi Strauss LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Levi Strauss's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Levi Strauss Business Description

Traded in Other Exchanges
Address
1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.

Levi Strauss Headlines

No Headlines