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Legg Mason Debt-to-Equity

: 0.67 (As of Jun. 2020)
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Legg Mason's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $327 Mil. Legg Mason's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $2,242 Mil. Legg Mason's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $3,866 Mil. Legg Mason's debt to equity for the quarter that ended in Jun. 2020 was 0.66.

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.

NYSE:LM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.53   Max: 1.36
Current: 0.67

0.04
1.36

During the past 13 years, the highest Debt-to-Equity Ratio of Legg Mason was 1.36. The lowest was 0.04. And the median was 0.53.

NYSE:LM's Debt-to-Equity is ranked lower than
77% of the 908 Companies
in the Asset Management industry.

( Industry Median: 0.25 vs. NYSE:LM: 0.67 )

Legg Mason Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Legg Mason Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.56 0.61 0.61 0.61

Legg Mason Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.63 0.61 0.61 0.67

Competitive Comparison
* 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.


Legg Mason Debt-to-Equity Distribution

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



Legg Mason Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Legg Mason's Debt to Equity Ratio for the fiscal year that ended in Mar. 2020 is calculated as

Legg Mason's Debt to Equity Ratio for the quarter that ended in Jun. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Legg Mason  (NYSE:LM) 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.


Legg Mason Debt-to-Equity Related Terms


Legg Mason Debt-to-Equity Headlines

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