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Essilorluxottica (Essilorluxottica) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2023)


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What is Essilorluxottica 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. Essilorluxottica's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.15.

Essilorluxottica's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.15). It may suggest that Essilorluxottica is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Essilorluxottica'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.

Essilorluxottica LT-Debt-to-Total-Asset Chart

Essilorluxottica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.21 0.19 0.17 0.15

Essilorluxottica Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.19 0.16 0.17 0.15 0.15

Essilorluxottica LT-Debt-to-Total-Asset Calculation

Essilorluxottica'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 )
=9768.811/66001.091
=0.15

Essilorluxottica'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 )
=9768.811/66001.091
=0.15

* 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.

Essilorluxottica  (OTCPK:ESLOY) 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.

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

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Essilorluxottica (Essilorluxottica) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Essilorluxottica (OTCPK:ESLOY) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XPAR:DIM XPAR:AMPLI XPAR:ALCJ XPAR:ALVMG XPAR:ALSPW XPAR:ALICR ISRG BDX TSE:7741 XSWX:ALC OCSE:COLO B RMD WST TSE:4543 XSWX:STMN BAX COO HOLX TSE:7733 XTER:AFX
Traded in Other Exchanges
ESLOF:USA EL:Italy ELp:UK 0OMK:UK EL:France ESL:Germany ESLC:Germany ESL:Germany ESL:Germany ESL:Germany EI:Austria
Address
147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
Website
https://www.essilorluxottica.com
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

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