Liberty Financial Group (ASX:LFG) Debt-to-Equity : 12.14 (As of Dec. 2023)

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What is Liberty Financial Group Debt-to-Equity?

Liberty Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3,492 Mil. Liberty Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$10,736 Mil. Liberty Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,172 Mil. Liberty Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 12.14.

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 Liberty Financial Group's Debt-to-Equity or its related term are showing as below:

ASX:LFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 11.2 Med: 11.78 Max: 12.14
Current: 12.14

During the past 4 years, the highest Debt-to-Equity Ratio of Liberty Financial Group was 12.14. The lowest was 11.20. And the median was 11.78.

ASX:LFG's Debt-to-Equity is ranked worse than
96.52% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs ASX:LFG: 12.14

Liberty Financial Group Debt-to-Equity Historical Data

The historical data trend for Liberty Financial Group'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.

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Liberty Financial Group Debt-to-Equity Chart

Liberty Financial Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

11.78

11.46

12.02

Liberty Financial Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			11.46	11.46	11.20	12.02	12.14

Competitive Comparison of Liberty Financial Group's Debt-to-Equity

For the Credit Services subindustry, Liberty Financial Group'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.

Liberty Financial Group's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Liberty Financial Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Liberty Financial Group's Debt-to-Equity falls into.

Liberty Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Liberty Financial Group'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
	=	(4041.218	+	10050.265)	/	1172.568
	=	12.02

Liberty Financial Group'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
	=	(3492.142	+	10736.224)	/	1171.926
	=	12.14

Liberty Financial Group (ASX:LFG) 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.

Liberty Financial Group Debt-to-Equity Related Terms

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Liberty Financial Group (ASX:LFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Liberty Financial Group Ltd (ASX:LFG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.liberty.com.au

Liberty Financial Group Ltd is a financial services company. The company provides home loans, business loans, motor vehicle finance, personal loans, and residential and commercial mortgages. Its segments include Residential Finance, Secured Finance, Financial Services and Corporate. It generates maximum revenue from Residential Finance.