Longfor Group Holdings (Longfor Group Holdings) Debt-to-Equity : 1.37 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Longfor Group Holdings Debt-to-Equity?

Longfor Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,993 Mil. Longfor Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25,065 Mil. Longfor Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21,283 Mil. Longfor Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.37.

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

LGFRY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.42 Max: 1.67
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Longfor Group Holdings was 1.67. The lowest was 0.94. And the median was 1.42.

LGFRY's Debt-to-Equity is ranked worse than
70.58% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs LGFRY: 1.37

Longfor Group Holdings Debt-to-Equity Historical Data

The historical data trend for Longfor Group 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.

Longfor Group Holdings Debt-to-Equity Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.67

1.57

1.37

Longfor Group 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															1.67	1.85	1.57	1.51	1.37

Competitive Comparison of Longfor Group Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Longfor Group 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.

Longfor Group Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Longfor Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Longfor Group Holdings'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
	=	(3992.59	+	25065.108)	/	21283.257
	=	1.37

Longfor Group 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
	=	(3992.59	+	25065.108)	/	21283.257
	=	1.37

Longfor Group Holdings (OTCPK:LGFRY) 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.

Longfor Group Holdings Debt-to-Equity Related Terms

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

Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.