LHN Logistics (SGX:GIH) Debt-to-Equity : 1.19 (As of Mar. 2023)

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What is LHN Logistics Debt-to-Equity?

LHN Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was S$3.85 Mil. LHN Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was S$11.84 Mil. LHN Logistics's Total Stockholders Equity for the quarter that ended in Mar. 2023 was S$13.13 Mil. LHN Logistics's debt to equity for the quarter that ended in Mar. 2023 was 1.19.

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 LHN Logistics's Debt-to-Equity or its related term are showing as below:

SGX:GIH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.97 Med: 1.39 Max: 2.27
Current: 1.19

During the past 4 years, the highest Debt-to-Equity Ratio of LHN Logistics was 2.27. The lowest was 0.97. And the median was 1.39.

SGX:GIH's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.56 vs SGX:GIH: 1.19

LHN Logistics Debt-to-Equity Historical Data

The historical data trend for LHN Logistics'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.

LHN Logistics Debt-to-Equity Chart

LHN Logistics Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Debt-to-Equity

0.97

2.27

1.64

1.39

LHN Logistics Semi-Annual Data
	Sep19	Sep20	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial			2.27	1.64	N/A	1.39	1.19

Competitive Comparison of LHN Logistics's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, LHN Logistics'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.

LHN Logistics's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LHN Logistics's Debt-to-Equity distribution charts can be found below:

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

LHN Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LHN Logistics's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 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
	=	(3.805	+	13.069)	/	12.162
	=	1.39

LHN Logistics's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(3.848	+	11.837)	/	13.132
	=	1.19

LHN Logistics (SGX:GIH) 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.

LHN Logistics Debt-to-Equity Related Terms

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

LHN Logistics (SGX:GIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LHN Logistics Ltd (SGX:GIH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Raeburn Park No. 02-15B, Singapore, SGP, 088702

Website

https://www.lhnlogistics.com

LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

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