Las Vegasnds (MEX:LVS) LT-Debt-to-Total-Asset : 0.53 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Las Vegasnds 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. Las Vegasnds's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.53.

Las Vegasnds's long-term debt to total assets ratio declined from Sep. 2023 (0.57) to Sep. 2024 (0.53). It may suggest that Las Vegasnds is progressively becoming less dependent on debt to grow their business.

Las Vegasnds LT-Debt-to-Total-Asset Historical Data

The historical data trend for Las Vegasnds'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.

Las Vegasnds LT-Debt-to-Total-Asset Chart

Las Vegasnds Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.54

0.67

0.73

0.63

0.56

Las Vegasnds Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.57	0.56	0.56	0.61	0.53

Las Vegasnds LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	205880.654	/	369665.173
	=	0.56

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	222185.345	/	420466.666
	=	0.53

Las Vegasnds (MEX:LVS) 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.

Las Vegasnds LT-Debt-to-Total-Asset Related Terms

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

Las Vegasnds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Las Vegas Sands Corp (MEX:LVS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LVS:USA 0QY4:UK LCR:Germany LCR:Germany L1VS34:Brazil LVSC:Austria LVS:Argentina

Address

5420 S. Durango Drive, Las Vegas, NV, USA, 89113

Website

https://www.sands.com

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.