Luminar Media Group (Luminar Media Group) Debt-to-Equity : -0.41 (As of Sep. 2017)

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What is Luminar Media Group Debt-to-Equity?

Luminar Media Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.07 Mil. Luminar Media Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.00 Mil. Luminar Media Group's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $-0.17 Mil. Luminar Media Group's debt to equity for the quarter that ended in Sep. 2017 was -0.41.

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 Luminar Media Group's Debt-to-Equity or its related term are showing as below:

LRGR's Debt-to-Equity is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Luminar Media Group Debt-to-Equity Historical Data

The historical data trend for Luminar Media Group'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.

Luminar Media Group Debt-to-Equity Chart

Luminar Media Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

-0.19

-0.51

Luminar Media Group Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Debt-to-Equity	Get a 7-Day Free Trial															-0.25	-0.51	-0.44	-0.41	-0.41

Competitive Comparison of Luminar Media Group's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Luminar Media Group'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.

Luminar Media Group's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Luminar Media Group's Debt-to-Equity distribution charts can be found below:

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

Luminar Media Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Luminar Media Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(0.108	+	0)	/	-0.212
	=	-0.51

Luminar Media Group's Debt to Equity Ratio for the quarter that ended in Sep. 2017 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
	=	(0.07	+	0)	/	-0.169
	=	-0.41

Luminar Media Group (OTCPK:LRGR) 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.

Luminar Media Group Debt-to-Equity Related Terms

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