Lighthouse Properties (JSE:LTE) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Lighthouse Properties Debt-to-Equity?

Lighthouse Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R1,866 Mil. Lighthouse Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R5,604 Mil. Lighthouse Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R15,446 Mil. Lighthouse Properties's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

JSE:LTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.51 Max: 1.06
Current: 0.48

During the past 8 years, the highest Debt-to-Equity Ratio of Lighthouse Properties was 1.06. The lowest was 0.03. And the median was 0.51.

JSE:LTE's Debt-to-Equity is ranked better than
62.59% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs JSE:LTE: 0.48

Lighthouse Properties Debt-to-Equity Historical Data

The historical data trend for Lighthouse Properties'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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Lighthouse Properties Debt-to-Equity Chart

Lighthouse Properties Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.51

0.60

1.06

0.48

Lighthouse Properties Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.60	1.16	1.06	1.00	0.48

Competitive Comparison of Lighthouse Properties's Debt-to-Equity

For the Real Estate Services subindustry, Lighthouse Properties'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.

Lighthouse Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lighthouse Properties's Debt-to-Equity distribution charts can be found below:

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

Lighthouse Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lighthouse Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1865.739	+	5604.368)	/	15445.514
	=	0.48

Lighthouse Properties's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1865.739	+	5604.368)	/	15445.514
	=	0.48

Lighthouse Properties (JSE:LTE) 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.

Lighthouse Properties Debt-to-Equity Related Terms

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

Lighthouse Properties (JSE:LTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lighthouse Properties PLC (JSE:LTE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

87O:Germany

Address

IL-Piazzetta, Tower Road, 4th Floor, Office 41, Block A, Sliema, MLT, SLM 1605

Website

https://www.lighthouse.mt

Lighthouse Properties PLC is engaged in investing in direct property and infrastructure assets as well as in listed real estate and infrastructure securities. The firm operates in three segments: Listed infrastructure, Listed real estate, and Direct property out of which the Direct property segment accounts for the majority of revenue.

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