Lear (LEA) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Lear 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. Lear's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Lear's long-term debt to total assets ratio increased from Dec. 2023 (0.19) to Dec. 2024 (0.20). It may suggest that Lear is progressively becoming more dependent on debt to grow their business.

Lear LT-Debt-to-Total-Asset Historical Data

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

Lear Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.17

0.19

0.20

Lear 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															0.19	0.18	0.19	0.19	0.20

Lear LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2733.3	/	14027.5
	=	0.19

Lear'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 )
	=	2733.3	/	14027.5
	=	0.19

Lear (NYSE:LEA) 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.

Lear LT-Debt-to-Total-Asset Related Terms

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Lear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lear Corp (NYSE:LEA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0JTQ:UK LE6N:Germany

Address

21557 Telegraph Road, Southfield, MI, USA, 48033

Website

https://www.lear.com

Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems. The company earns most of its revenue from the seating segment.

Executives

Mallett Conrad L Jr	director
Greg C Smith	director	FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Jason M Cardew	officer: SVP & CFO	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Raymond E Scott	director, officer: President & CEO
Jonathan F Foster	director	777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Carl A. Esposito	officer: SVP & President, E-Systems	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini	officer: EVP & President, Seating	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Marianne Vidershain	officer: VP, Treasurer	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Thomas A Didonato	officer: SVP & CAO	AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis	officer: SVP, Corp Dev & Inv Relations	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone	director
Patricia L Lewis	director	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson	director	100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess	officer: VP & Treasurer
Harry Albert Kemp	officer: SVP, Gen Counsel & Corp Sec	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033