Lombard et Medot (XPAR:MLCAC) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2022)

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What is Lombard et Medot 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. Lombard et Medot's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.47.

Lombard et Medot's long-term debt to total assets ratio declined from Dec. 2020 (0.54) to Dec. 2022 (0.47). It may suggest that Lombard et Medot is progressively becoming less dependent on debt to grow their business.

Lombard et Medot LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lombard et Medot'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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Lombard et Medot LT-Debt-to-Total-Asset Chart

Lombard et Medot Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.54

0.51

0.47

Lombard et Medot Semi-Annual Data
	Dec20	Dec21	Dec22
LT-Debt-to-Total-Asset	0.54	0.51	0.47

Lombard et Medot LT-Debt-to-Total-Asset Calculation

Lombard et Medot's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	16.43	/	35.101
	=	0.47

Lombard et Medot's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	16.43	/	35.101
	=	0.47

Lombard et Medot (XPAR:MLCAC) 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.

Lombard et Medot LT-Debt-to-Total-Asset Related Terms

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Lombard et Medot (XPAR:MLCAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lombard et Medot (XPAR:MLCAC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

1 Rue Des Cotelles PB 118, Epernay, FRA, 51204

Website

http://www.champagne-lombard.com

Lombard et Medot operates in brewers industry. The company is engaged in the manufacturing, packaging, and distribution of champagne in France and other parts of the world.

Lombard et Medot (XPAR:MLCAC) Headlines

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