LSI Industries (STU:LS2) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is LSI Industries 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. LSI Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

LSI Industries's long-term debt to total assets ratio declined from Mar. 2023 (0.18) to Mar. 2024 (0.07). It may suggest that LSI Industries is progressively becoming less dependent on debt to grow their business.

LSI Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for LSI Industries'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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LSI Industries LT-Debt-to-Total-Asset Chart

LSI Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.20

0.06

0.28

0.27

0.13

LSI Industries 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															0.18	0.13	0.11	0.09	0.07

LSI Industries LT-Debt-to-Total-Asset Calculation

LSI Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	35.575	/	273.346
	=	0.13

LSI Industries'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 )
	=	18.145	/	264.931
	=	0.07

LSI Industries (STU:LS2) 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.

LSI Industries LT-Debt-to-Total-Asset Related Terms

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LSI Industries (STU:LS2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LSI Industries Inc (STU:LS2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LYTS:USA

Address

10000 Alliance Road, Cincinnati, OH, USA, 45242

Website

https://www.lsicorp.com

LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.

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