Lordos Hotel Or (CYS:LHH) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2022)

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What is Lordos Hotel Or 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. Lordos Hotel Or's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.04.

Lordos Hotel Or's long-term debt to total assets ratio declined from Dec. 2021 (0.06) to Dec. 2022 (0.04). It may suggest that Lordos Hotel Or is progressively becoming less dependent on debt to grow their business.

Lordos Hotel Or LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lordos Hotel Or'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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Lordos Hotel Or LT-Debt-to-Total-Asset Chart

Lordos Hotel Or Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.05

0.06

0.04

Lordos Hotel Or Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.05	0.04	0.04

Lordos Hotel Or LT-Debt-to-Total-Asset Calculation

Lordos Hotel Or'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 )
	=	4.303	/	118.996
	=	0.04

Lordos Hotel Or's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	5.15	/	116.348
	=	0.04

Lordos Hotel Or (CYS:LHH) 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.

Lordos Hotel Or LT-Debt-to-Total-Asset Related Terms

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Lordos Hotel Or (CYS:LHH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lordos Hotel Or (CYS:LHH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mesogeiou, Lordos Forest Beach, Block 1, Office 1, 2 & 3, Voroklini, Larnaca, CYP, 7041

Website

https://www.lordos.com.cy

Lordos Hotel Or is a Cyprus-based hotel operator. The company owns and manages the Golden Bay Beach Hotel, a five-star hotel that is situated at Larnaca Bay and Lordos Beach Hotel, a four-star hotel that is also situated at Larnaca Bay.

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