Lee Enterprises (FRA:LE70) LT-Debt-to-Total-Asset : 0.71 (As of Mar. 2024)

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

What is Lee Enterprises 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. Lee Enterprises's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.71.

Lee Enterprises's long-term debt to total assets ratio increased from Mar. 2023 (0.69) to Mar. 2024 (0.71). It may suggest that Lee Enterprises is progressively becoming more dependent on debt to grow their business.

Lee Enterprises LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lee Enterprises'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.

Lee Enterprises LT-Debt-to-Total-Asset Chart

Lee Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.77

0.68

0.63

0.68

0.69

Lee Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.69	0.69	0.69	0.70	0.71

Lee Enterprises LT-Debt-to-Total-Asset Calculation

Lee Enterprises's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	461.305	/	666.785
	=	0.69

Lee Enterprises's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	447.524	/	630.022
	=	0.71

Lee Enterprises (FRA:LE70) 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.

Lee Enterprises LT-Debt-to-Total-Asset Related Terms

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

Lee Enterprises (FRA:LE70) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lee Enterprises Inc (FRA:LE70) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LEE:USA

Address

4600 E 53rd Street, Davenport, IA, USA, 52807

Website

https://www.lee.net

Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.

Lee Enterprises (FRA:LE70) Headlines

No Headlines