LPP (LTS:0LVL) LT-Debt-to-Total-Asset : 0.25 (As of Jan. 2024)

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What is LPP 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. LPP's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.25.

LPP's long-term debt to total assets ratio declined from Jan. 2023 (0.28) to Jan. 2024 (0.25). It may suggest that LPP is progressively becoming less dependent on debt to grow their business.

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

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

LPP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jan20

Jan21

Jan22

Jan23

LT-Debt-to-Total-Asset

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0.02

0.32

0.29

0.26

0.28

LPP Quarterly Data
	Mar19	Jun19	Sep19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.27	0.26	0.27	0.25

LPP LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jan. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2023 )	/	Total Assets (A: Jan. 2023 )
	=	3605.1	/	12921
	=	0.28

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

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	3381.8	/	13802.1
	=	0.25

LPP (LTS:0LVL) 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.

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

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LPP (LTS:0LVL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » LPP SA (LTS:0LVL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LPPSY:USA LPP:Poland

Address

ul. Lakowa 39/44, Gdansk, POL, 80-769

Website

http://www.lppsa.com

LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

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