LED iBond International A/S (OCSE:LEDIBOND) Debt-to-Equity : 0.83 (As of Mar. 2024)

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What is LED iBond International A/S Debt-to-Equity?

LED iBond International A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. LED iBond International A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr7.83 Mil. LED iBond International A/S's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr9.41 Mil. LED iBond International A/S's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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

OCSE:LEDIBOND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.27 Max: 1.95
Current: 0.83

During the past 6 years, the highest Debt-to-Equity Ratio of LED iBond International A/S was 1.95. The lowest was 0.09. And the median was 0.27.

OCSE:LEDIBOND's Debt-to-Equity is ranked worse than
82.46% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs OCSE:LEDIBOND: 0.83

LED iBond International A/S Debt-to-Equity Historical Data

The historical data trend for LED iBond International 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.

LED iBond International A/S Debt-to-Equity Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.28

0.09

0.18

0.59

LED iBond International A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.36	0.44	0.59	0.83

Competitive Comparison of LED iBond International A/S's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, LED iBond International 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.

LED iBond International A/S's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International A/S's Debt-to-Equity distribution charts can be found below:

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

LED iBond International A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LED iBond International A/S'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
	=	(0	+	7.827)	/	13.35
	=	0.59

LED iBond International A/S's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0	+	7.827)	/	9.412
	=	0.83

LED iBond International A/S (OCSE:LEDIBOND) 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.

LED iBond International A/S Debt-to-Equity Related Terms

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LED iBond International A/S (OCSE:LEDIBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LED iBond International A/S (OCSE:LEDIBOND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

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