Leslies (Leslies) LT-Debt-to-Total-Asset : 0.99 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Leslies 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. Leslies's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.99.

Leslies's long-term debt to total assets ratio increased from Dec. 2022 (0.97) to Dec. 2023 (0.99). It may suggest that Leslies is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Leslies'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.

Leslies LT-Debt-to-Total-Asset Chart

Leslies Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

2.47

1.76

0.91

0.87

0.93

Leslies Quarterly Data
	Sep18	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															0.97	0.97	0.88	0.93	0.99

Leslies LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	966.498	/	1034.435
	=	0.93

Leslies'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 )
	=	989.131	/	998.52
	=	0.99

Leslies (NAS:LESL) 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.

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

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

Leslies (Leslies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Leslies Inc (NAS:LESL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LE3:Germany

Address

2005 East Indian School Road, Phoenix, AZ, USA, 85016

Website

https://www.lesliespool.com

Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers. Geographically, it operates only in the United States.

Executives

Mike Africa	officer: See Remarks	2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Dave Caspers	officer: Chief Stores Officer	2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Naomi Cramer	officer: Chief People Officer	2005 E. INDIAN SCHOOL ROAD, PHOENIX AZ 85016
Steven M Weddell	officer: See Remarks	C/O L CATTERTON, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Michael R. Egeck	director, officer: Chief Executive Officer	71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Scott Justin Bowman	officer: See Remarks	451 INDUSTRIAL LANE, BIRMINGHAM AL 35211
Bubbles Investor Aggregator, L.p.	10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Brad Gazaway	officer: See Remarks	2005 E INDIAN SCHOOL RD, PHOENIX AZ 85016
Claire Spofford	director	4 BATTERYMARCH PARK, QUINCY MA 02169
Moyo Labode	officer: Chief Merchandising Officer	2005 E INDIAN SCHOOL RD, PHOENIX AZ 85016
Gic Private Ltd	10 percent owner	168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Paula Baker	officer: Chief Revenue Officer	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Ray James R Jr	director	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Eric J Kufel	director
John Strain	director	2 FOLSOM STREET, SAN FRANCISCO CA 94105