XFTB (XFit Brands) LT-Debt-to-Total-Asset: 2.78 (As of Dec. 2016)


What is XFit Brands LT-Debt-to-Total-Asset?

XFit Brands XFTB LT-Debt-to-Total-Asset is 2.78 as of Dec. 2016.

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. XFit Brands's long-term debt to total assests ratio for the quarter that ended in Dec. 2016 was 2.78.

XFit Brands's long-term debt to total assets ratio increased from Dec. 2015 (2.37) to Dec. 2016 (2.78). It may suggest that XFit Brands is progressively becoming more dependent on debt to grow their business.

XFit Brands  (OTCPK:XFTB) 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.

XFit Brands LT-Debt-to-Total-Asset Related Terms

XFit Brands LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands LT-Debt-to-Total-Asset Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
LT-Debt-to-Total-Asset
1.35 1.92 3.74

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 2.37 3.03 3.74 3.75 2.78

XFit Brands LT-Debt-to-Total-Asset Calculation

XFit Brands's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (A: Jun. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2016 )/Total Assets (A: Jun. 2016 )
=2.479/0.663
=3.74

XFit Brands's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (Q: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2016 )/Total Assets (Q: Dec. 2016 )
=3.5/1.26
=2.78

* 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 2.78 mean?
XFit Brands (XFTB) has a LT-Debt-to-Total-Asset of 2.78 as of Dec. 2016. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on XFit Brands and its competitors.
Is XFit Brands' LT-Debt-to-Total-Asset too high?
XFit Brands' current LT-Debt-to-Total-Asset is 2.78.
How does XFit Brands' LT-Debt-to-Total-Asset compare to WESC and QSMG?
XFit Brands' LT-Debt-to-Total-Asset of 2.78 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure 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 XFit Brands and its competitors. XFit Brands's current LT-Debt-to-Total-Asset is 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current LT-Debt-to-Total-Asset of 2.78. The current LT-Debt-to-Total-Asset is 2.78. 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 XFit Brands (XFTB), the current LT-Debt-to-Total-Asset is 2.78 as of Dec. 2016. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.