Luxor A/S (LTS:0F5M) Debt-to-Equity : 1.13 (As of Dec. 2023)

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What is Luxor A/S Debt-to-Equity?

Luxor A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr401.56 Mil. Luxor A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr89.87 Mil. Luxor A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr435.68 Mil. Luxor A/S's debt to equity for the quarter that ended in Dec. 2023 was 1.13.

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 Luxor A/S's Debt-to-Equity or its related term are showing as below:

LTS:0F5M' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.98 Med: 1.34 Max: 1.57
Current: 1.13

During the past 13 years, the highest Debt-to-Equity Ratio of Luxor A/S was 1.57. The lowest was 0.98. And the median was 1.34.

LTS:0F5M's Debt-to-Equity is ranked worse than
67.93% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs LTS:0F5M: 1.13

Luxor A/S Debt-to-Equity Historical Data

The historical data trend for Luxor A/S'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.

Luxor A/S Debt-to-Equity Chart

Luxor A/S Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

1.51

1.41

1.24

1.08

1.19

Luxor A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.98	1.17	1.16	1.19	1.13

Competitive Comparison of Luxor A/S's Debt-to-Equity

For the Mortgage Finance subindustry, Luxor A/S'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.

Luxor A/S's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Luxor A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Luxor A/S's Debt-to-Equity falls into.

Luxor A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Luxor A/S's Debt to Equity Ratio for the fiscal year 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
	=	(446.84	+	71.033)	/	436.639
	=	1.19

Luxor A/S'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
	=	(401.561	+	89.868)	/	435.679
	=	1.13

Luxor A/S (LTS:0F5M) 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.

Luxor A/S Debt-to-Equity Related Terms

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

Luxor A/S (LTS:0F5M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Luxor A/S (LTS:0F5M) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LUXOR B:Denmark

Address

Frederiksborggade, 4th floor, Copenhagen, DNK, 1360

Website

http://www.luxor.dk

Luxor A/S is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

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