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L'Oreal (L'Oreal) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)


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What is L'Oreal 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. L'Oreal's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

L'Oreal's long-term debt to total assets ratio increased from Dec. 2022 (0.09) to Dec. 2023 (0.12). It may suggest that L'Oreal is progressively becoming more dependent on debt to grow their business.

L'Oreal LT-Debt-to-Total-Asset Historical Data

The historical data trend for L'Oreal'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.

L'Oreal LT-Debt-to-Total-Asset Chart

L'Oreal 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 0.04 0.03 0.03 0.09 0.12

L'Oreal 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 0.03 0.09 0.09 0.09 0.12

L'Oreal LT-Debt-to-Total-Asset Calculation

L'Oreal'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 )
=6696.619/56548.637
=0.12

L'Oreal'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 )
=6696.619/56548.637
=0.12

* 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.

L'Oreal  (OTCPK:LRLCY) 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.

L'Oreal LT-Debt-to-Total-Asset Related Terms

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L'Oreal (L'Oreal) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » L'Oreal SA (OTCPK:LRLCY) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XPAR:ITP XPAR:BB XPAR:JBOG XPAR:MLSDN XPAR:ALMAS PG LSE:ULVR CL BOM:500696 EL KMB KVUE LSE:RKT XTER:BEI XTER:HEN3 XAMS:DSFIR CHD CLX TSE:8113 TSE:4452
Traded in Other Exchanges
LRLCF:USA OR N:Mexico ORp:UK 0NZM:UK OR:France LOR:Germany LOR:Germany LOR:Germany LOR:Germany OR:Austria
Address
41, Rue Martre, Clichy Cedex, Paris, FRA, 92117
Website
https://www.loreal.com
Founded in 1909, L'Oreal has grown into the largest beauty company in the world, participating in categories including skincare (40% of 2022 sales), makeup (20%), haircare (27%), fragrance (9%), and sanitary products (4%). The firm also has a diversified geographic footprint, generating 32% of sales in its home market of Western Europe, 25% from North America, 19% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oreal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancome, Yves Saint Laurent, Maybelline, Kiehl's, L'Oreal Paris, Kerastase, CeraVe, Garnier, and Armani.

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