Lotte Chemical Pakistan (KAR:LOTCHEM) Debt-to-Equity : 0.05 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Lotte Chemical Pakistan Debt-to-Equity?

Lotte Chemical Pakistan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨467 Mil. Lotte Chemical Pakistan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨729 Mil. Lotte Chemical Pakistan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨22,909 Mil. Lotte Chemical Pakistan's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Lotte Chemical Pakistan's Debt-to-Equity or its related term are showing as below:

KAR:LOTCHEM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.09 Max: 0.12
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Lotte Chemical Pakistan was 0.12. The lowest was 0.05. And the median was 0.09.

KAR:LOTCHEM's Debt-to-Equity is ranked better than
85.72% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs KAR:LOTCHEM: 0.05

Lotte Chemical Pakistan Debt-to-Equity Historical Data

The historical data trend for Lotte Chemical Pakistan'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.

Lotte Chemical Pakistan Debt-to-Equity Chart

Lotte Chemical Pakistan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.10

0.09

0.10

Lotte Chemical Pakistan 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															0.09	0.12	0.10	0.10	0.05

Competitive Comparison of Lotte Chemical Pakistan's Debt-to-Equity

For the Specialty Chemicals subindustry, Lotte Chemical Pakistan'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.

Lotte Chemical Pakistan's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical Pakistan's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lotte Chemical Pakistan's Debt-to-Equity falls into.

Lotte Chemical Pakistan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lotte Chemical Pakistan'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
	=	(1436.403	+	855.927)	/	22011.959
	=	0.10

Lotte Chemical Pakistan'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
	=	(467.491	+	729.367)	/	22909.085
	=	0.05

Lotte Chemical Pakistan (KAR:LOTCHEM) 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.

Lotte Chemical Pakistan Debt-to-Equity Related Terms

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

Lotte Chemical Pakistan (KAR:LOTCHEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Pakistan Ltd (KAR:LOTCHEM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

EZ/1/P-4, Eastern Industrial Zone, P.O. Box 723, Port Qasim, Karachi, SD, PAK, 74200

Website

https://www.lottechem.pk

Lotte Chemical Pakistan Ltd is a Pakistan-based manufacturer and supplier of Purified Terephthalic Acid (PTA). The business activity of the firm is operated through the manufacture and sale of chemicals segments. The organization supplies products to the textile, domestic polyester, and polyethylene terephthalate packaging industries.

Lotte Chemical Pakistan (KAR:LOTCHEM) Headlines

No Headlines