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Layne Christensen Co (Layne Christensen Co) Debt-to-Equity : 2.81 (As of Apr. 2018)


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What is Layne Christensen Co Debt-to-Equity?

Layne Christensen Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $68.0 Mil. Layne Christensen Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $99.0 Mil. Layne Christensen Co's Total Stockholders Equity for the quarter that ended in Apr. 2018 was $59.4 Mil. Layne Christensen Co's debt to equity for the quarter that ended in Apr. 2018 was 2.81.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Layne Christensen Co's Debt-to-Equity or its related term are showing as below:

LAYN's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.435
* Ranked among companies with meaningful Debt-to-Equity only.

Layne Christensen Co Debt-to-Equity Historical Data

The historical data trend for Layne Christensen Co's Debt-to-Equity 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.

Layne Christensen Co Debt-to-Equity Chart

Layne Christensen Co Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.71 1.24 1.98 2.89

Layne Christensen Co Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
Debt-to-Equity 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 2.74 2.94 3.06 2.89 2.81

Competitive Comparison of Layne Christensen Co's Debt-to-Equity

For the Engineering & Construction subindustry, Layne Christensen Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Layne Christensen Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Layne Christensen Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Layne Christensen Co's Debt-to-Equity falls into.



Layne Christensen Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Layne Christensen Co's Debt to Equity Ratio for the fiscal year that ended in Jan. 2018 is calculated as

Layne Christensen Co's Debt to Equity Ratio for the quarter that ended in Apr. 2018 is calculated as

* 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.


Layne Christensen Co  (NAS:LAYN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Layne Christensen Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Layne Christensen Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Layne Christensen Co (Layne Christensen Co) Business Description

Traded in Other Exchanges
N/A
Address
Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.
Executives
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson officer: Senior Vice President and CFO
Brown David A B director
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus director
Wynnefield Small Cap Value Offshore Fund Ltd other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes other: Affiliate
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller director
Wynnefield Capital, Inc. Profit Sharing Plan director, 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123