Lum Chang Holdings (SGX:L19) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Lum Chang Holdings Debt-to-Equity?

Lum Chang Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$32.6 Mil. Lum Chang Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$33.5 Mil. Lum Chang Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$163.5 Mil. Lum Chang Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 Lum Chang Holdings's Debt-to-Equity or its related term are showing as below:

SGX:L19' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.72 Max: 0.96
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Lum Chang Holdings was 0.96. The lowest was 0.39. And the median was 0.72.

SGX:L19's Debt-to-Equity is ranked better than
52.6% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs SGX:L19: 0.40

Lum Chang Holdings Debt-to-Equity Historical Data

The historical data trend for Lum Chang Holdings'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.

Lum Chang Holdings Debt-to-Equity Chart

Lum Chang Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.83

0.66

0.96

0.44

0.51

Lum Chang Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.51	0.44	0.45	0.51	0.40

Competitive Comparison of Lum Chang Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Lum Chang Holdings'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.

Lum Chang Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lum Chang Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lum Chang Holdings's Debt-to-Equity falls into.

Lum Chang Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lum Chang Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(49.464	+	36.161)	/	166.813
	=	0.51

Lum Chang Holdings'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
	=	(32.58	+	33.542)	/	163.539
	=	0.40

Lum Chang Holdings (SGX:L19) 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.

Lum Chang Holdings Debt-to-Equity Related Terms

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

Lum Chang Holdings (SGX:L19) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lum Chang Holdings Ltd (SGX:L19) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Kung Chong Road, No. 08-01 Lum Chang Building, Singapore, SGP, 159150

Website

http://www.lumchang.com.sg

Lum Chang Holdings Ltd is a construction company. It operates through the following segments: Construction; Property Development and Investment; Interior Contracting and Investment Holding and Other. The Construction segment which derives the majority of revenue engages in the construction of buildings and building extensions, additions and alteration, refurbishment, and restoration of buildings. The Property Development and Investment segment develops property for sale and holds properties for the investment purposes of the company. The Investment Holding and Others segment is the holding of investments and provision of management services to the companies within the group.

Lum Chang Holdings (SGX:L19) Headlines

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