Leo Palace21 (Leo Palace21) Debt-to-Equity : 0.80 (As of Dec. 2023)

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What is Leo Palace21 Debt-to-Equity?

Leo Palace21's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7 Mil. Leo Palace21's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $208 Mil. Leo Palace21's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $267 Mil. Leo Palace21's debt to equity for the quarter that ended in Dec. 2023 was 0.80.

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 Leo Palace21's Debt-to-Equity or its related term are showing as below:

LEOPF' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.32 Med: 0.36 Max: 23.16
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Leo Palace21 was 23.16. The lowest was -6.32. And the median was 0.36.

LEOPF's Debt-to-Equity is ranked worse than
51.74% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs LEOPF: 0.80

Leo Palace21 Debt-to-Equity Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Debt-to-Equity Chart

Leo Palace21 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.59

22.97

-4.37

23.16

1.31

Leo Palace21 Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.62	1.31	1.03	0.88	0.80

Competitive Comparison of Leo Palace21's Debt-to-Equity

For the Real Estate Services subindustry, Leo Palace21'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.

Leo Palace21's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Debt-to-Equity falls into.

Leo Palace21 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leo Palace21's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(9.082	+	229.186)	/	182.554
	=	1.31

Leo Palace21'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
	=	(6.751	+	207.77)	/	267.166
	=	0.80

Leo Palace21 (OTCPK:LEOPF) 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.

Leo Palace21 Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Leo Palace21's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Leo Palace21 (Leo Palace21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leo Palace21 Corp (OTCPK:LEOPF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8848:Japan MQI:Germany

Address

2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622

Website

http://www.leopalace21.co.jp

Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

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