LXRandCo (TSX:LXR) LT-Debt-to-Total-Asset : 0.59 (As of Jun. 2023)

View and export this data going back to 2015. Start your Free Trial

What is LXRandCo 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. LXRandCo's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.59.

LXRandCo's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.59). It may suggest that LXRandCo is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for LXRandCo'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.

LXRandCo LT-Debt-to-Total-Asset Chart

LXRandCo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.30

0.40

0.43

LXRandCo Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.09	0.59

LXRandCo LT-Debt-to-Total-Asset Calculation

LXRandCo'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 )
	=	0	/	10.613
	=	0.00

LXRandCo's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	4.221	/	7.145
	=	0.59

LXRandCo (TSX:LXR) 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.

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

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

LXRandCo (TSX:LXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LXRandCo Inc (TSX:LXR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7399 Boulevard, Saint-Laurent, Montreal, QC, CAN, H2R 2W5

Website

https://www.lxrco.com

LXRandCo Inc is a socially responsible, digital-first omnichannel retailer of authenticated pre-owned luxury handbags and personal accessories. It provides consumers with authenticated branded luxury products by promoting their reuse and by providing an environmentally responsible way for consumers to purchase luxury products. The operating segment includes sales from two primary distribution channels: the Company's e-commerce activities, which comprise its website and partner websites, and retail channels, which include its own stores and wholesale partner retail stores.

LXRandCo (TSX:LXR) Headlines

No Headlines