LFG Investment Holdings (HKSE:03938) Debt-to-Equity : 0.18 (As of Sep. 2023)

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What is LFG Investment Holdings Debt-to-Equity?

LFG Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$28.62 Mil. LFG Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. LFG Investment Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$158.07 Mil. LFG Investment Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.18.

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 LFG Investment Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:03938' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.19 Max: 0.25
Current: 0.18

During the past 7 years, the highest Debt-to-Equity Ratio of LFG Investment Holdings was 0.25. The lowest was 0.04. And the median was 0.19.

HKSE:03938's Debt-to-Equity is ranked better than
60.88% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs HKSE:03938: 0.18

LFG Investment Holdings Debt-to-Equity Historical Data

The historical data trend for LFG Investment Holdings'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.

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LFG Investment Holdings Debt-to-Equity Chart

LFG Investment Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.05

0.09

0.25

0.21

LFG Investment Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								0.19	0.25	0.22	0.21	0.18

Competitive Comparison of LFG Investment Holdings's Debt-to-Equity

For the Capital Markets subindustry, LFG Investment Holdings'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.

LFG Investment Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LFG Investment Holdings's Debt-to-Equity distribution charts can be found below:

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

LFG Investment Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LFG Investment Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 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
	=	(31.066	+	0.242)	/	147.076
	=	0.21

LFG Investment Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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
	=	(28.616	+	0)	/	158.068
	=	0.18

LFG Investment Holdings (HKSE:03938) 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.

LFG Investment Holdings Debt-to-Equity Related Terms

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LFG Investment Holdings (HKSE:03938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LFG Investment Holdings Ltd (HKSE:03938) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Queen’s Road Central, Room 1601, 16th Floor China Building, Hong Kong, HKG

Website

https://www.legogroup.hk/en/index.php

LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.

Executives

Mui Ho Cheung Gary	2101 Beneficial owner
Ki Sin Yee Cindy
Lego Financial Group Limited	2101 Beneficial owner
Wong Wing Shing	2101 Beneficial owner

LFG Investment Holdings (HKSE:03938) Headlines

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