Lai Sun Development Co (Lai Sun Development Co) Debt-to-Equity : 0.99 (As of Jan. 2024)

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What is Lai Sun Development Co Debt-to-Equity?

Lai Sun Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $338.5 Mil. Lai Sun Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $3,195.8 Mil. Lai Sun Development Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $3,556.8 Mil. Lai Sun Development Co's debt to equity for the quarter that ended in Jan. 2024 was 0.99.

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

LVSDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.54 Max: 0.99
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Lai Sun Development Co was 0.99. The lowest was 0.26. And the median was 0.54.

LVSDF's Debt-to-Equity is ranked worse than
59.7% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs LVSDF: 0.99

Lai Sun Development Co Debt-to-Equity Historical Data

The historical data trend for Lai Sun Development Co'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.

Lai Sun Development Co Debt-to-Equity Chart

Lai Sun Development Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.54

0.67

0.83

0.89

0.91

Lai Sun Development Co Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.89	0.85	0.91	0.99

Competitive Comparison of Lai Sun Development Co's Debt-to-Equity

For the Real Estate - Diversified subindustry, Lai Sun Development Co'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.

Lai Sun Development Co's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Lai Sun Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lai Sun Development Co's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(803.556	+	2652.365)	/	3810.788
	=	0.91

Lai Sun Development Co's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(338.453	+	3195.842)	/	3556.787
	=	0.99

Lai Sun Development Co (OTCPK:LVSDF) 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.

Lai Sun Development Co Debt-to-Equity Related Terms

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Lai Sun Development Co (Lai Sun Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Development Co Ltd (OTCPK:LVSDF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00488:Hong Kong

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

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