Lydall (Lydall) Debt-to-Equity : 1.02 (As of Jun. 2021)

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What is Lydall Debt-to-Equity?

Lydall's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $8.6 Mil. Lydall's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $272.5 Mil. Lydall's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $275.2 Mil. Lydall's debt to equity for the quarter that ended in Jun. 2021 was 1.02.

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 Lydall's Debt-to-Equity or its related term are showing as below:

LDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 1.21
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Lydall was 1.21. The lowest was 0.01. And the median was 0.21.

LDL's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs LDL: 1.02

Lydall Debt-to-Equity Historical Data

The historical data trend for Lydall'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.

Lydall Debt-to-Equity Chart

Lydall Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.47

0.22

0.88

0.91

1.12

Lydall Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															1.20	1.21	1.12	1.07	1.02

Competitive Comparison of Lydall's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Lydall'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.

Lydall's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lydall's Debt-to-Equity distribution charts can be found below:

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

Lydall Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lydall's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.789	+	278.596)	/	257.696
	=	1.12

Lydall's Debt to Equity Ratio for the quarter that ended in Jun. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(8.609	+	272.45)	/	275.199
	=	1.02

Lydall (NYSE:LDL) 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.

Lydall Debt-to-Equity Related Terms

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

Lydall (Lydall) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lydall Inc (NYSE:LDL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Colonial Road, Manchester, CT, USA, 06042

Website

http://www.lydall.com

Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company's products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens and Thermal Acoustical Solutions. It derives most of its revenues from the United States of America.

Executives

Robert B. Junker	officer: President, Lydall TNW	LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kathleen Burdett	director	553 AMOSTOWN ROAD WEST SPRINGFIELD MA 01089
Soderstrom S Carl Jr	director	2135 WEST MAPLE RD, TROY MI 04084
Matthew Farrell	director
Joseph A. Abbruzzi	officer: Pres., Thermal Acoustical Solu	C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kelly C. Scott	officer: Vice President, CHRO	C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Marc T Giles	director	1 COLONIAL ROAD, MANCHESTER CT 06042
John J Tedone	officer: VP Finance & Chief Acct Off	501 DUNN ROAD, COVENTRY CT 06238
Ashish P. Diwanji	officer: SVP, Innovation & CTO	C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06074
James J Cannon	director	1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Suzanne Hammett	director
William D Gurley	director	C/O LYDALL, INC. 1 COLONIAL ROAD PO BOX 151 MANCHESTER CT 06040
David G Bills	director	1500 DEKOVEN AVE., RACINE WI 53403
Randall B Gonzales	officer: EXEC VP & CFO	EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Paul A Marold	officer: President, Lydall PM	ONE COLONIAL ROAD MANCHESTER CT 06042