Lamda Development (LTS:0NCY) Debt-to-Equity : 1.14 (As of Dec. 2023)

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What is Lamda Development Debt-to-Equity?

Lamda Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €389.9 Mil. Lamda Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €948.5 Mil. Lamda Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,177.4 Mil. Lamda Development's debt to equity for the quarter that ended in Dec. 2023 was 1.14.

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

LTS:0NCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.88 Max: 1.41
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Lamda Development was 1.41. The lowest was 0.49. And the median was 0.88.

LTS:0NCY's Debt-to-Equity is ranked worse than
64.69% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs LTS:0NCY: 1.14

Lamda Development Debt-to-Equity Historical Data

The historical data trend for Lamda Development'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.

Lamda Development Debt-to-Equity Chart

Lamda Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.49

0.89

0.75

1.17

1.14

Lamda Development 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															1.17	1.19	1.19	1.21	1.14

Competitive Comparison of Lamda Development's Debt-to-Equity

For the Real Estate - Development subindustry, Lamda Development'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.

Lamda Development's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Lamda Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lamda Development'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
	=	(389.87	+	948.527)	/	1177.417
	=	1.14

Lamda Development'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
	=	(389.87	+	948.527)	/	1177.417
	=	1.14

Lamda Development (LTS:0NCY) 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.

Lamda Development Debt-to-Equity Related Terms

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Lamda Development (LTS:0NCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lamda Development SA (LTS:0NCY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

LAMDA:Greece LDQ:Germany

Address

37A Kifissias Avenue (Inside Golden Hall), Maroussi, GRC, 15123

Website

https://www.lamdadev.com

Lamda Development SA is a holding company specializing in real estate development, investment, and management. The company's development portfolio includes three commercial and leisure centers, namely The Mall Athens, Golden Hall, and Mediterranean Cosmos; office buildings, and residential complexes. The company's investment portfolio is located in Greece and is mostly in the retail industry. In addition, Lamda Development develops land, builds marinas, maintains yachts, and provides refurbishing and airport services.

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