GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Lottery Corp Ltd (OTCPK:LTRCF) » Definitions » Debt-to-Asset

The Lottery (The Lottery) Debt-to-Asset : 0.56 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is The Lottery Debt-to-Asset?

The Lottery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8 Mil. The Lottery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,752 Mil. The Lottery's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $3,120 Mil. The Lottery's debt to asset for the quarter that ended in Dec. 2023 was 0.56.


The Lottery Debt-to-Asset Historical Data

The historical data trend for The Lottery's Debt-to-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.

The Lottery Debt-to-Asset Chart

The Lottery Annual Data
Trend Jun22 Jun23
Debt-to-Asset
0.59 0.58

The Lottery Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 0.66 0.59 0.53 0.58 0.56

Competitive Comparison of The Lottery's Debt-to-Asset

For the Gambling subindustry, The Lottery's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Lottery's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where The Lottery's Debt-to-Asset falls into.



The Lottery Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

The Lottery's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.98 + 1703.893) / 2933.49
=0.58

The Lottery's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(7.965 + 1752.477) / 3119.88
=0.56

* 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.


The Lottery  (OTCPK:LTRCF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


The Lottery Debt-to-Asset Related Terms

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


The Lottery (The Lottery) Business Description

Traded in Other Exchanges
Address
180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000
The Lottery Corp is Australia's largest provider of lottery, Keno and instant scratch products, with long-dated and/or exclusive licences for lottery in all Australian states and territories except Western Australia, and in most states and territories for Keno. The Lottery Corp has a distribution network of over 3,800 franchised retailers selling instant scratch and lottery products through vendors such as newsagents, service stations, pharmacies, and convenience stores, in addition to online sales. Keno is sold in over 3,400 pubs and clubs.

The Lottery (The Lottery) Headlines

No Headlines