PXFG (Phoenix Footwear Group) LT-Debt-to-Total-Asset: 0.00 (As of Dec. 2023)


PXFG Phoenix Footwear Group Inc PXFG
12 GF Score
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What is Phoenix Footwear Group LT-Debt-to-Total-Asset?

Phoenix Footwear Group PXFG -7.34% 12 LT-Debt-to-Total-Asset is 0.00 as of Dec. 2023. GuruFocus rates PXFG with a GF Score™ of 12/100.

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. Phoenix Footwear Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Phoenix Footwear Group's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.00). It may suggest that Phoenix Footwear Group is progressively becoming less dependent on debt to grow their business.

Phoenix Footwear Group  (OTCPK:PXFG) 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.

Phoenix Footwear Group LT-Debt-to-Total-Asset Related Terms

Phoenix Footwear Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Phoenix Footwear Group'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.

Phoenix Footwear Group LT-Debt-to-Total-Asset Chart

Phoenix Footwear Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.26 0.03 0.14 0.00

Phoenix Footwear Group Quarterly Data
Mar19 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 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 0.14 0.14 0.17 0.00 0.00
PXFG
12GF Score
Phoenix Footwear Group Inc PXFG
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Footwear Group LT-Debt-to-Total-Asset Calculation

Phoenix Footwear Group'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 )
=0.011/14.958
=0.00

Phoenix Footwear Group'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 )
=0.011/14.958
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Phoenix Footwear Group (PXFG) has a LT-Debt-to-Total-Asset of 0.00 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Phoenix Footwear Group and its competitors.
Is Phoenix Footwear Group's LT-Debt-to-Total-Asset too high?
Phoenix Footwear Group's current LT-Debt-to-Total-Asset is 0.00. Overall, Phoenix Footwear Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Footwear Group's LT-Debt-to-Total-Asset compare to GIII and JL?
Phoenix Footwear Group's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Manufacturing - Apparel & Accessories company?
A good LT-Debt-to-Total-Asset depends on the Manufacturing - Apparel & Accessories industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Phoenix Footwear Group and its competitors. Phoenix Footwear Group's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Footwear Group stock overvalued right now?
Phoenix Footwear Group (PXFG) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Phoenix Footwear Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Phoenix Footwear Group (PXFG), the current LT-Debt-to-Total-Asset is 0.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Phoenix Footwear Group Business Description

Address 2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008
Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, Pendleton, Los Cabos, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.
12GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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