Lendlease Group (ASX:LLC) Debt-to-Equity

: 0.69 (As of Dec. 2023)

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Lendlease Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$19 Mil. Lendlease Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$4,346 Mil. Lendlease Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$6,293 Mil. Lendlease Group's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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

ASX:LLC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.41 Max: 0.69
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Lendlease Group was 0.69. The lowest was 0.29. And the median was 0.41.

ASX:LLC's Debt-to-Equity is ranked better than
53.63% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs ASX:LLC: 0.69

Lendlease Group Debt-to-Equity Historical Data

The historical data trend for Lendlease 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.

* Premium members only.

Lendlease Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.43

0.35

0.34

0.50

Lendlease Group 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															0.38	0.34	0.47	0.50	0.69

Competitive Comparison

For the Real Estate - Diversified subindustry, Lendlease 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.

Lendlease Group Debt-to-Equity Distribution

For the Real Estate industry and Real Estate sector, Lendlease Group's Debt-to-Equity distribution charts can be found below:

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

Lendlease Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lendlease 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
	=	(19	+	3262)	/	6616
	=	0.50

Lendlease 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
	=	(19	+	4346)	/	6293
	=	0.69

Lendlease Group (ASX:LLC) 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.

Lendlease Group Debt-to-Equity Related Terms

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Lendlease Group (ASX:LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (ASX:LLC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LLESY:USA LLESF:USA

Address

Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000

Website

https://www.lendlease.com

Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.

Lendlease Group (ASX:LLC) Headlines

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